Natch, they are going to claim whatever suits them Matty, but in recent court cases where the defendants were likely to try out-of- time as their defence, the claimants have backed down and settled (practically on the court steps in one instance).(posted 8365 days ago)There is also the issue of whose debt it actually is (the insurers? after all the BS have been paid out by the MIG), and what nature it takes after the property is sold (in theory it switches from mortgage to simple contract debt, but nobody is certain).
Someday we are going to get a court ruling on this....