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How to deal with this?
I have a dear friend of mine which I don't know how to help him. He is in too much debt and so depressed and he is thinking to file bankruptcy. It’s gotten to the point where he is scared to answer the phone because some debt collector will be calling him and harassing him. He is a good person and...
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To Property Managers here. What would you do?
- Complaint from owner that the body corp has noted an Air B&B activity being conducted.
- Notice to stop issued.
- Notice was ignored on at least one occasion.
- Tenancy had two court hearings, the last one ending in termination of the FTT on application of the tenant.
- Third TT hearing awards
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Apartment buyers left in debt as Aussie banks 'pull plug'
Up to 5000 apartment buyers could be left tens of thousands of dollars in debt after borrowing deposits for unbuilt units they cannot get the remaining funds for.
Martin Dunn, of estate agency City Sales, said Australian banks had "pulled the plug" on the New Zealand apartment...
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Trust - gifting
For the purpose of delaying putting my house into a Trust, and yet to start gifting, could I gift money to the Trust and then take loans from the Trust, so that I am in debt to it. I can repay the debt by selling my house to the Trust, when I want to transfer the house into it. I would...
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Changes to court debt collection
Just read this article:
http://www.stuff.co.nz/national/poli...ine-defaulters
While generally interesting the bit that I have bolded applies to landlords going after defaulters....
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A few home truths - what's this all about?
Hi All,
I have been seeing this website and billboards around re.
"Don't let the Banks hold you to ransom" etc. the website is www.afewhometruths.co.nz.
I guess this is just a new marketing strategy by NZ Home Loans. Seems a bit risky given they would...

