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When UK banks give loans to a mentally ill person does that person have to pay the loans back to bailiffs?
Wiki User
∙ 13y ago
The person who is mentally ill is incapacitated. Such a person cannot enter into a contract as they cannot distinguish between right and wrong. Therefore the bank cannot enter into a contract with such a person.
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoA UK bank wouldn't knowingly give a loan to a mentally ill person but the money still has to be paid back if they make a mistake.
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