liability of dept (age of)

[staley clark]

what is the legal age for being liable for dept (16?) also what is the legal age a court can summons for collection of dept?

[Ethel]

18, usually. But can be younger than that in certain circumstances.

What's happened? What is the debt for?

[daffy654]

I also thought it was 18 as you cannot sign a contract for credit before that age.Having said that my daughter was able to get into debt with the Royal Bank Of Scotland as they gave her an overdraft facility (without her asking for it) when she was 17 years old.

[Ethel]

I was under 18 years of age when I took out the credit

If you were under 18, there are some circumstances when you will not be liable to repay the loan. Usually it depends upon what you bought or whether the loan was guaranteed by someone over 18 (a guarantor). If there was a guarantor then they may be liable to pay off the debt. If there was no guarantor and the court agrees you do not have to repay the loan, you may still have to return the goods.

http://www.advicekit.info/AdviceKit/Debt/Deali ng_with_debt/Do_I_have_to_pay_this_debt/Defaul t.aspx

[staley clark]

thanks .. work college was asking but now has gone home - shall tell the person tomorrow.

[kempie]

http://www.theanswerbank.co.uk/Question435879. html