"The CBA, ANZ and others ask customers facing mortgage stress to contact them well before it gets to repossession stage. "Home loan repossession is a last resort for the bank and we work with customers to avoid this," a CBA spokeswoman said.
How Sweet? Quoting these.
Looks like there are of "Last Resorts" out there.
I think the banks want these poor buggers to let them know that they are in strive so that they can get the reposession paperwork ready.
