In what circumstances will a lender be able to obtain a loan from a third party?
British Columbia, Canada
The following excerpt is from M.K. v. R.C.N. and M.B., 2005 BCSC 1268 (CanLII):
In Buddingh v. Pilon, 2002 BCSC 1123, [2002] B.C.J. No. 1762 Gray J. referred to Locke v. Locke and also noted two further factors; the absence of any demand for payment before the separation of the parties and the failure to disclose the “loan” in credit applications.
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