3 Comments Self-managed super funds, superannuation, wealth management
I think the eventual repayment amount is absolutely ridiculous but bank interest rates are often sky high due to fluctuating market patterns. How could it possibly sum up to be 6-times the initial arrears that you had? Perhaps you could seek a consumer association to help you derive with a breakdown of the costs before consulting the bank to come up with a reasonable repayment plan.
I am an Australian and bought a leasehold property in New Zealand quite a few years ago. The mortgage was arrears because of the high rocket of the land rate. The New Zealand bank forced me to sell the property at a low price which could not cover the mortgage. The bank launched a summary judgment against me. There was a long story about the lawsuit. In brief, my lawyer neglected and the New Zealand judge was obviously unfair, even decline my application of appeal. In 2012 I was awarded a high amount debt from the New Zealand court, which is even more than my original loan amount 4 years ago. The bank could not register the case in Australia because I left there. My question are: Does the debt collection company have the right to collect the debt in behalf of the bank? Is there a Statute Limitation for the debt and how many years for it? Do I still have the chance to defend in Australia if the bank is able to register the case in Australia?
å¤œæš— 2017-07-11 17:14:58