ChatterBank2 mins ago
Liability for debt when a private members club goes under
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I've just had a letter asking me to pay a share of a debt incurred by a club that I was once a member of. The debt was initially incurred (i.e. the loan on which they defaulted was first taken out) before I became a member and I was no longer a member when the club ceased to trade. Am I still liable for a share of the debt?
Thanks for any help anyone can give.
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For more on marking an answer as the "Best Answer", please visit our FAQ.I'm no lawyer but it seems to me to be a bit of a "try on" unless you signed specific documents at the time of joining that tied you into some kind of financial liability for the club's funds. I would have thought that your resignation ended your liability. Possibly the Citizen Advice Bureau can give you more reliable information.
You have no liability for the debt. Just because someone or a company says that you have a liability for something, does not mean that you really have - they are just trying it on. People take for granted, the things that thes companies tell them - they should not. Even contractual agreements do not always mean that the said obligation would be enforeceable in law as they may be unfair contractual terms (Unfair Contract Terms Act, Unfair Terms in Consumer Contracts Regulations)
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