LCRO 173/2020 AZ v BX and CX (1 November 2021) [pdf, 178 KB]
...liability of the borrower remained. [11] It was not until Mr BX assumed the role of accountant for the Trust in 2015 that it was realised that the mortgage had been extinguished. The amount then due to the Trust was $184,500 plus interest and costs. Complaint [12] Mr and Mrs BX lodged their complaints against Mr AZ in May 2019. They questioned how the mortgage securing advances to the Trust was extinguished, whilst the advances by [Law Firm 1] Nominees Limited were fully repaid....