P
PiedPiper
Guest
Hello
Still seeking advice. I have been hit by the down turn no more than anyone else and can now only afford interest only. I have 2 small units and two apts
I have been sending detailed proposals and spreadsheets having meeting and got paid advice.
The bottom line is I am willing to sell but no buyers and willing to pay interest only.
The bank NIB agreed to this but then sent me out facility documentation that tied in my home loan and while agreeing the interest only for one year at the end of the year wanted full repayment!! I said no way and they gave me a letter saying that they would look in to it at the time another meeting more facility documents, still wont sign them and risk my home.
Is there any type of mediation available between myself and the NIB.
I feel I have done every thing I can and am beating my head off a brick wall and need help.
Still seeking advice. I have been hit by the down turn no more than anyone else and can now only afford interest only. I have 2 small units and two apts
I have been sending detailed proposals and spreadsheets having meeting and got paid advice.
The bottom line is I am willing to sell but no buyers and willing to pay interest only.
The bank NIB agreed to this but then sent me out facility documentation that tied in my home loan and while agreeing the interest only for one year at the end of the year wanted full repayment!! I said no way and they gave me a letter saying that they would look in to it at the time another meeting more facility documents, still wont sign them and risk my home.
Is there any type of mediation available between myself and the NIB.
I feel I have done every thing I can and am beating my head off a brick wall and need help.