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T O P I C R E V I E W
karin.23
Posted - 19 February 2010 : 13:30:13 i cant afford payments i need to make a token payment can i do this even if dad is guarantaur
3 L A T E S T R E P L I E S (Newest First)
Richard P
Posted - 19 February 2010 : 19:18:36 Chester
if Karin has spoken to the creditor and they have agreed token payment,
is there a set time before they will chase dad ?
suppose i have answered own question varies from lender to lender, but the main thing would be to get an agreement in writing.
Karin if you have a number of debts and considering BR as an option, i would suggest contacting one of the experts, you do not want to take a step that could effect your family
regards Richard
chester2005
Posted - 19 February 2010 : 15:53:59 if your dad has signed a personal guarantee for a debt of yours, the creditor can pursue him for the full amount even if you are BR
Dave
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Richard P
Posted - 19 February 2010 : 15:13:22 Hi Karin
welcome to the forum
more information please, so that someone can offer suggestions