@commercial - re the overpayments, BOS discovered that due to and 'internal systems error' we had made significant overpayments on our monthly payments over a period of time, which ccame to a fairly substantial amount. However they didn;t inform us of this until the overpayments (about €20k) had been put off the arrears on some of our accounts, in fact our statements show that the accounts were credited 2 days before the letter informing us about the overpayments was even sent to us! I've since discovered a thing called the 'set-off rule' whereby banks can set a credit off one account against a debit on another account, but they can only do it with CURRENT ACCOUNTS, not loan/mortgage accounts. So what they did was illegal! They also moved the receivers in less than three weeks after doing this. The overpayment amount would have made a big difference to how we approached dealing with the situation.
@csirl, no they didn't apply to theb Irish courts, they simply put the properties up for auction and despite numerous requests on our part to cease all receivership processes, in light of the outstanding issues, they continued, sold 3 of our properties, and we feel that our only option is a High court injunction.