In April 2007 Steve and Iris Karamihos re-financed their Maroubra home with a $1.2 million loan through a finance broker...
Solicitor borrower raises penalty defence in bid to hold out bank
Most mortgages contain a clause requiring immediate payment of all “moneys owing” should any default occur especially in...
“Asset lending” unconscionable, borrower seeks re-opening of loan
Mark Pearson made urgent application for a “stay” to prevent Pioneer Mortgages executing a warrant to recove...
Cyclones defeat optimistic borrowers; Suncorp evades payment suspension clause
Motel operators who had an “overly optimistic view” of their capacity to meet loan repayments and of Suncorp’s wil...
Instalment contract seller keeps payments and recovers possession
Play Audio The Brisbane District Court has had to adjudicate a provision in an installment contract for the sale of land...
“Boomers” champions in finance deal guarantee fight
Play Audio A national champion basketballer has challenged the validity of a personal guarantee signed by his co-player ...
Suncorp rebuffed in $700k “pound of flesh” argument
A guarantor under a debt restructure for two luxury boats has won the first stage of her fight against Suncorp who claim...
Registered mail returned to sender, does “caused to be forwarded by pre-paid post…” prove posting?
The adequacy of time honoured legal lexicon used to express the means by which a document is sent to a recipient’s addre...
Bank wins Deception Bay recovery, not liable for lapsing mortgage default insurance
A couple who “equated” Australia’s largest bank with an insurer bearing a similar name, has defended the bank’s mortgage...