Opening a
joint account doesn't imply you have to close yours or give up control, Centeno says.
At that time, we were operating a
joint account. Before I could do anything, I had to beg him as if he worked and earned the money.
The Second Partner argued that the sum awarded to the First Partner had been withdrawn from a
joint account of the Partners to which the Partners had equal access.
The nexus of many big guns is sealed by this
joint account," the report stated.
The fiscal added: "Enquiries showed that the accused had moved the funds into a
joint account held in her name Gail Carmichael and that of her partner Kevin Wingate.
A member of staff at the bank was used to generate my personal accounts PIN, and also edit my
joint accounts data to link it with the swapped line, he said.
Anne Boden, CEO of Starling Bank, said, 'Our new technology removes the pain of setting up a
joint account by letting our customers do it from the comfort of their own home.
"If your partner has a poor credit score, yours might suffer as a result of your being associated with them via the
joint account.
If your partner has a poor credit score, yours might suffer as a result of your being associated with them via the
joint account. And don't forget that you're equally liable if the account goes overdrawn.
"If a relationship comes to an end, the
joint account can be vulnerable to one partner withdrawing the balance." BE PREPARED WHEN BUYING A HOME David Hollingworth, from L&C Mortgages, said: "Mortgage lenders require that both borrowers are 'jointly and severally' liable for the mortgage, which means that the lender can seek full payment of the mortgage from either or both of the borrowers."
"If a relationship comes to an end, the
joint account can be vulnerable to one partner simply withdrawing the balance and leaving the other high and dry.
Over four and half years, money from the
joint account and from two credit cards was used for purchases and transactions which benefited A and/or her family members.
