Thanks Terry, Dom may well be using a scare tactic here but she stated that banks can use the all monies clause in every mortgage to take what is not theirs. Eg 800k house 400k mortgage, 200k still owed – she stated that the bank can send an employee to London for investigations and charge to the recovery, in fact just add a who heap of expenses…[Read more]

Hi Terry, Was reading your comments on Dominique Grubisa’s scheme yesterday. Her/My fear is the all moneys clause. She asserts that a bank uses this in bankruptcy to extract all available assets in the property. Her caveat is purported to safeguard the asset value in excess of the mortgage.- without incurring stamp duty to transfer property to…[Read more]