Non-Co Operating Question

[bijou]

Just a quick question, can a bank deem you as non-co operating even though you've been "negotiating" with them through the IMHO?

 

[michaelg]

I think so, if you can't pay your mortgage you can be deemed as non cooperating, banks love to change the meaning of words.

 

[bijou]

Thanks michaelg.

If that's the case, it makes me wonder what the point of the IMHO is then? Wasn't it the bank (I am referring to the AIB), who appointed them as the "middle-man" to help stressed borrowers come to some form of agreement?

How about reversing it where the bank have not responded to you and your repeated requests to come to some agreement. Can one deem "them" to be non-co operating??