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  1. #1

    Default Who is Responsible to Repay a Loan Obtained During Marriage

    Im in the UK

    Wife takes out loan husband disagrees with the loan. The loan is in in joint names wife defaults on loan whos goto pay for loan? Assets in marriage are split even and names are on all assets obviously its within within marriage and the wifes been with husband at that point for thirty five years

    Husband denies all knowledge of ever signing documents

    Is their a correct answer to this please?

  2. #2
    Join Date
    Oct 2006
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    15,619

    Default Re: Loan Under Marriage

    Quote Quoting seekingtherightoutcome
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    I’m in the UK

    Wife takes out loan husband disagrees with the loan. The loan is in in joint names wife defaults on loan who’s goto pay for loan? Assets in marriage are split even and names are on all assets obviously it’s within within marriage and the wife’s been with husband at that point for thirty five years

    Husband denies all knowledge of ever signing documents

    Is their a correct answer to this please?
    This forum is for US law only, sorry.

  3. #3
    Join Date
    Sep 2005
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    Default Re: Who is Responsible to Repay a Loan Obtained During Marriage

    Quote Quoting seekingtherightoutcome
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    The loan is in in joint names wife defaults on loan who’s goto pay for loan?
    A loan should not be in both spouses' names unless they are both named as borrowers. If the lender has no contractual basis to collect from the husband, because he never signed a loan agreement, then merely adding his name to the loan is not going to make it enforceable against him. But really, if they're still married, it doesn't much matter. If they're divorcing, they can discuss the loan with their divorce solicitors.

  4. #4
    Join Date
    Mar 2013
    Posts
    17,137

    Default Re: Who is Responsible to Repay a Loan Obtained During Marriage

    Quote Quoting seekingtherightoutcome
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    I’m in the UK

    Try this UK legal forum:

    http://www.thelawforum.co.uk/forums/ask-question-here

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