What if my co-borrower wants nothing to do with my request for hardship assistance?

We consider that a lender should assess the financial hardship application even if it is from only one of the co-borrowers. We may only ask your lender to consider your request if you intend to settle the issue in the Family Court or in another appropriate forum, within a reasonable time.

To find out more about our considerations regarding this issue please read our Position Statement 2.