Carter Capner Law Podcast
Take The Law Audio Blog Episode 24 - Cyclones defeat optomistic borrowers; Suncorp evades payment suspension clause
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Sinopsis
Motel operators who had an “overly optimistic view” of their capacity to meet loan repayments and of Suncorp’s willingness to forgive , have resisted the bank’s recovery action with allegations of unconscionable conduct in refusing to capitalise arrears during default periods throughout a 10 year loan term.