What rights do i have as a mortgagor


Problem: If I own a property in Australia NSW, and lease it out to someone. Then go travelling, and the mortgage becomes overdue as the tenant didn't pay rent. Whilst I am away the bank sends notices to me, but i don't receive them as I am away. The property is then sold below it value. It was worth 2 million two months ago but was sold for 1.5. The lender took 1 million to cover the loan and returned the remaining 500 to me. What rights do I have as a mortgagor?

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Business Law and Ethics: What rights do i have as a mortgagor
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