I have two business loans on a property with two business partners. Will the bank allow me to pay my third and release me from responsibility for the loans?
What you ask is not likely to happen. You probably have liability for the entire amount and there is little incentive for them to release you. Such actions often cause problems too, with those left to pay the remaining debt.
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What you ask is not likely to happen. You probably have liability for the entire amount and there is little incentive for them to release you. Such actions often cause problems too, with those left to pay the remaining debt.
