ChatterBank1 min ago
Loan Agreements
2 Answers
I have a joint loan agreement with my partner which was for a secured loan, the property was repossed & the company then applied for Attachment earning order on my partner which they now have in place.
On checking through the agreement i noticed that it has not been signed by the loan company & it clearly states in the terms and conditions that the agreement will only become inforceable once it has been signed by all parties including loan company. So my question is this if the agreement has been signed by the company can they inforce it? surley this is not a legally binding agreement as its not signed by them? Please help.
On checking through the agreement i noticed that it has not been signed by the loan company & it clearly states in the terms and conditions that the agreement will only become inforceable once it has been signed by all parties including loan company. So my question is this if the agreement has been signed by the company can they inforce it? surley this is not a legally binding agreement as its not signed by them? Please help.
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