Verify that you need to pay a financial obligation a financial obligation if it is something which the legislation states you need to pay, lik

Verify that you need to pay a financial obligation a financial obligation if it is something which the legislation states you need to pay, lik

You’ll be in charge of a financial obligation you have to pay, like council tax or water charges if it’s something that the law says.

You’ll also most likely need to pay a debt you agree to give money to someone if you’ve signed a contract to say. This might be something similar to a:

If you’re in charge of a financial obligation it is called ‘being liable’. This means you’ll have duty that is legal pay it. You should be able to challenge the creditor if you’re not liable. A creditor is any organisation or person you borrowed from cash to.

Debts you’re perhaps maybe perhaps not accountable for

You might not need to spend a financial obligation if:

  • it is been six years or higher as you produced repayment or had been in touch with the creditor
  • there clearly was a issue once you finalized the contract, for instance if perhaps you were forced into signing it or the contract ended up beingn’t clear
  • the creditor didn’t always check correctly that you may afford the repayments whenever you finalized the contract

If perhaps you were a additional cardholder

You to repay any debts on the card if you were an authorised additional cardholder on someone else’s credit card account, for example a spouse or partner, the credit card company can’t ask. Verder lezen Verify that you need to pay a financial obligation a financial obligation if it is something which the legislation states you need to pay, lik