READERS WRITE
WHAT CAN I DO ABOUT NONPAYMENT OF A JOINT BOND?
Mpho writes:
What happens if the other partner does not pay half of the joint bond? Is there any action that can be taken?
City Press writes:
From a bank’s perspective, if there is a shortfall in the payment of the joint bond, this will affect the credit record of both bond holders – even the person who is still meeting their responsibilities. This is the risk of a joint
