The liabilities to pay without recognition that your

Is given to pay the debts of a family member or friend no course lightly taken. Transferring debt to someone else imposes an additional burden on your own finances. In addition, starting the process are due meet the debt by someone else, you a potential for this liability exposure be personally responsible. It is a legal procedure you must follow to ensure that you do not personally responsible for the debts of another person even if you agree, to fulfil the obligation.Difficulty: ModerateInstructionsThings ll need: written deliberation and limitation of liability for Acknowledgemnt debt1Prepare wrote a deliberate to deliver to the creditor. During the discussions that you intend to make payments on the debt, but not any responsibility regarding this debt are accepted explains clear and unambiguous. Responsibility for the debt remains exclusively with the person who committed liability. 2Insert, a statement in the proceedings shall be signed by a representative of the creditor. Recognises the declaration outlines of the creditor you make payments but disclaim any personal liability for debts question. 3Maintain an original completed and want the receipt of your payment records. 4Make advice, as agreed, the debts to meet. For payment include a notation to the effect on each check: "Payment on account." Recipient assumes no liability for the debts. »