
Originally Posted by
suki
Hi Vanesh,
I was looking for information on google to help with my problem and came across your thread. We landed in financial trouble in 2008 and couldn't pay our bond and it was repossessed - we got home to find 4 copies of a summons from the courts , we didn't have the money for a lawyer and figured we were in the wrong so how could we defend.....a month later we got a letter from the bank to vacate the property within 30 days - which we did - the bank then sold the house to a broker without a judgement or sale in execution for a third of the value and this broker then sold the house a month later for double what she had bought it for - our problem is, now 9 years later they are demanding the full amount that we original had a bond on the property for and calling it "shortfall in sale" - the bank said they never received the monies from the sale and that makes us liable as we made a private sale - which we did not and signed no papers for any sale as the house was repossessed and we have asked for the copy of judgement but they say the lawyer who dealt with it cannot find it and its misplaced - we have also checked online for announcements to sell our house in sale in execution which we cannot find. they cannot even produce a copy of the summons to commence legal action. Kind regards
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