Couple's Debt Wiped Out

Summary


A couple who saw a judge wipe out their debt of pounds 384,000 which had spiralled out of control from an original loan of pounds 5,750 said last night they were delighted with the result.

Tony and Michelle Meadows, from Southport, faced losing their home after they were taken to court by London North Securities for failing to keep up with repayments on their loan, which had an APR of 34.9%.

See the full content of this document

Extract


Couple's Debt Wiped Out

The ruling by Judge Nigel Howarth at Liverpool County Court is expected to have far-reaching implications for consumers and lenders alike.

Mr Meadows, 45, a car wind...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United Kingdom

Explore vLex

For Professionals

For Partners

Company