kieranmcs39
Registered User
- Messages
- 3
It's 10.3k in arrears. It's being fully repaid
I've always cooperated and would have paid off arrears.
If you are in arrears, it's not being fully repaid.
If it's the only property you own, it's covered by the Code of Conduct on Mortgage Arrears. They might not know that, so have a read of the CCMA and tell them.
I don't buy that it's their mistake. They took no payments for 7 months and you did nothing about it. At least 50% responsibility on your side.
But pay the arrears immediately.
Brendan
Why should he pay the arrears if the bank told him that they might recapitalise, which is what he apparently wants. Will paying the arrears stop the receiver.
The fact the bank is also responsible for his original arrears means they should be accommodatiog surely. They certainly have been giving him the run around.
Is the CCMA a big document. Would an ordinary poster on here be able to grapple with that? Is the appointment of the receiver incorrect legally because of the CCMA?
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