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    • Thread Starter

    Could someone give me some advice on how to begin with this question??

    Thank you in advance

    Alan lent money to Bill. The loan was secured over property owned by Bill. Bill is now in arrears with the repayments. The value of Bill’s property is currently only slightly greater than the outstanding loan.

    Advise Alan on the most suitable remedies in the following scenarios:

    (a)The property is Bill’s home;
    (b)The property is a tenanted office block; and
    (c)The property is a holiday home that Alan would like to own himself.
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Updated: January 7, 2013
“Yanny” or “Laurel”

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

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