I acted as guarantor but now at my whit's end as person is now on benefits, refusing to pay.

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Lesley.k

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Post by Lesley.k » Sat Aug 30, 2014 2:17 am
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I went grantor for a so called friend of mine for £3000 and she isnt paying it shes not even responding to me .the loan company is getting abuse off her and she is on benefits now and getting over £1000 a month ! And I am getting £ 460 a month is there anything I can do about this am at my whits end
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luluj

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Post by luluj » Sat Aug 30, 2014 4:40 am
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Hi Lesley ... Are you in an iva yourself ?
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
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Michael Peoples

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Post by Michael Peoples » Sat Aug 30, 2014 6:17 pm
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You will be liable for the debt if she defaults but you could then take legal action to recover your losses. Get some legal advice or speak to the CAB.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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