. We've been since told that maybe we were a bit out of order by asking them not to contact us verbally. We are a bit worried now and concerned that this may backfire on us.
Come on lads...be realistic. The bank is entitled to contact the borrower by phone and personal visit. This is set out in the Mortgage Arrears Code. The borrower is not entitled to refuse to take calls or visits.
.
Why not go one step further and ask them not to communicate with you at all? Tell them that you will repay the money at your convenience.
Come on lads...be realistic. The bank is entitled to contact the borrower by phone and personal visit. This is set out in the Mortgage Arrears Code. The borrower is not entitled to refuse to take calls or visits.
When I had a business and people owed me money, invoices and statements were fine for most of them. But for a few the only way to get payment was through phone calls and personal visits.
This is wrong. The only people entitled to be on your property without your permission are the gardaí if they suspect you of a crime or a sheriff acting on behalf of a court order.
You had no entitlement whatsoever to be on someone's premises without their permission, even if they did owe you money. Since when did trespassing become legal?
Unless you have asked your lender to contact you or given them your permission to contact you in relation to your arrears situation, they are only allowed to contact you three times per month in relation to your mortgage payments (this limit applies to unsolicited or unasked for contacts). This includes contacts by phone, by email, by text message, or by letter but does not include missed calls.
This bit has me in stitches:
____________________
It requires lenders to handle all such cases sympathetically and positively, with the objective at all times of helping people to meet their mortgage obligations.
____________________
As far removed from the current actions of bankers as I can tell. .
This bit has me in stitches:
____________________
It requires lenders to handle all such cases sympathetically and positively, with the objective at all times of helping people to meet their mortgage obligations.
____________________
Here is what the Mortgage Arrears Code Guide says
So a lender is allowed to make three unsolicited phone calls a month.
.
Why has everyone decided that it was the bank that told them this ?We've been since told that maybe we were a bit out of order by asking them not to contact us verbally.
I would be very interested in OP outlining to us what the bank official said to her as outlined in the first post. The bit about 'out of order'
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?