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  • I have a case where a bank has taken possession of a residential property for non payment of mortgage payments, the bank now are sequestrating. The original action was £32k , however the bank want the whole of the debt and claim £1.2million although this is argued as the security was only £1.05million. The bank have never tried to market the property in two years and want sequestration of the debtor to seek to gain a parcel of adjoining premium land 44 acres unsecured.

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