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Mortgagors and negative equity: application of the Palk doctrine

By: Contributor(s): Language: English Series: Solicitors` Journal ; 141(25) 27 June 1997, 618-619(2)Publication details: 1997Subject(s): Summary: Examines how two recent cases have clarified the law relating to the court`s powers to make an order for the sale of mortgaged property on such terms as it sees fit, when the borrowers have been caught in the `negative equity trap`.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS57379 (Browse shelf(Opens below)) 1 Available 79554-1001

Examines how two recent cases have clarified the law relating to the court`s powers to make an order for the sale of mortgaged property on such terms as it sees fit, when the borrowers have been caught in the `negative equity trap`.