Lot of unknowns with this case.
How do we know that the bank are not standing up to her and saying no?
Personally I don't care how the banks deal with her, they will have all the facts and base a decision on that but the irritation I have is she is trying to represent the ordinary person who is in trouble and by doing so hopes to get a deal along with the rest. The problem for the media is there is no-one to represent these people other than Caroline, I hope they are reading this forum and try and look for a spokeperson that is geniune to represent those geniunly in need of debt forgiveness
You cannot negotiate if you will only accept the one solution that you do not need, and the banks cannot offer.
How do we know that the bank are not standing up to her and saying no? After all, her position does not seem to have gone forward from the last time she was on TV! The fact that she is still on about the same thing means to me that while she may keep on knocking-there is nobody listening to her!
Re:
Is that not what I said when saying;
To me the negotiations are over. Why she is still in the house is a mystery to me.
The banks have dealt with her.
Let's say she wants the NE or part thereof written down (just for the purpose of this example), say she said to them "I can only repay a 160k -220k mortgage", well then she has given the banks two options:
Option 1.
Give this woman who has a secure job, a steady stream of income, a lumpsum and pension on retirement, a write - down, therefore losing a great deal of money, or:
Option 2. Repossess the house, sell it for 160k, attach an order to her earnings, pension and lump sum for the balance.
The banks have and were negotiating solutions with her for 5 years. In that time she had one demand one goal if you like.
During the final negotiations she was made an offer of a reduced interest rate.
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