Loan consolidating in ireland multiple choice questions for dating
We will undertake to do a full comparison on your behalf to show you in simple terms the cost implications of consolidating your loans and advise you on whether it makes good sense to proceed.Please contact us here in our offices in Sligo the capital of the North West of Ireland for further details.
This can be a good way of taking control of your finances but you need to be careful.
The doctrine of consolidation generally applies where a borrower has mortgaged separate properties to secure separate debts owed to the same lender.
Where a borrower has defaulted on one of those debts, the doctrine of consolidation allows the lender to pool the assets secured by the borrower and to realise those secured assets against the aggregate sum owing, rather than confining the lender to recovering only the secured assets securing the distressed loan.
The appellants appealed the decision of the High Court on a number of grounds including the ground that notwithstanding the express terms of the Finance Documents, the Bank was not entitled to rely on such terms for the purposes of enforcing cross security unless they could demonstrate strict compliance with the equitable doctrine of consolidation in addition to the express terms of the documents.
In determining whether the provisions of the doctrine of consolidation could be implied into the Finance Documents, Ms.