Understand this. Verify that you must spend a financial obligation

Understand this. Verify that you must spend a financial obligation

You’ll be accountable for a financial obligation if it is a thing that the legislation states you must spend, like council income tax or water costs.

You’ll also most likely need certainly to pay a financial obligation in the event that you’ve finalized a agreement to express you consent to provide cash to some body. This might be something similar to a:

  • credit contract, for instance in the event that you’ve purchased a automatic washer or applied for credit cards
  • tenancy agreement, in the event that you lease

If you’re accountable for a financial obligation it is called ‘being liable’. This means you’ll have legal duty to pay it. If you’re perhaps not liable you ought to be in a position to challenge the creditor. Continue reading “Understand this. Verify that you must spend a financial obligation”