Search results

No, thank god. They refinanced recently with an LOC and it fell through. Luckiest. Rejection. Ever. No offset either cause it's P&I. I'm racking my brain trying to think of what other schemes could be pulled. I don't want either party hurt, including the offending one. I care about both. I want...

Sorry misread your reply:)

Would my friend be liable for a loan that was taken out fraudulently under their name?

But surely getting that 200k loan against the property requires two signatures too?

I don't understand this, isn't this good? My friend would keep the title and the loan? The house is nearly paid off. Unless I'm misreading this.

Thanks guys. It's in QLD by the way. As yes it is mortgaged so the bank would have the title. And I think I'm going to advise her to use a different lawyer. When he said caveats couldn't be registered until the divorce was filed I thought that sounded suspect. Thanks for confirming. Are there...

Just got off the phone with a friend, who is completely lost about what to do. The lawyer left for the day so there's no one else to consult, so I thought I would help out by asking the Somersoft brain trust as things are going to accelerate (in a bad way) over the weekend and with no legal...