Absolutely outstanding response!

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I agree paul could have saved poor lyn from financial ruin

I hope you read every word of this lyn

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Great advice Paul

I hope the lady listens to you. When I read what Lyn asked I immediately shuddered and thought Nooooooooo

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Great advice Paul!!

The son can let the bank know he lost his job, and the bank have an obligation to assist him under a financial hardship arrangement under the National Credit Code until he can get another job. They will allow this for as long as it takes for him to get a job 3-6 months. The interest will be capitalised to the loan amount...and its better than losing your home and even better for Lyn she won't have to sell hers or lose her pension!

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Also I've cannot get a job the after 39 weeks on Centrelink he can also access some super to cover so $10k of his mortgage giving him more time to sell or get back in work.

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I can't understand what sort of son would let his Mum sell her house. We would have to assume here that he doesn't know she is thinking of this, because if he does, then I would think Lynn's risk is all the greater. Hopefully she hasn't told him, but if she has and he is going along with the idea, that is really sad.

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I'm screaming noooooo. Do not give up your security under any circumstance.

If you are pension age it raises many pitfalls. Your son is still of working age.

I agree with Paul. Let him sell his house but DO NOT SELL YOURS.

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