bendigo chases gs loan book, page-3

If Bendigo Bank fail to prove they have taken the loans by way of assignment then it must follow that the loans still reside with Great Southern and that means defaulters will be up against the Great Southern liquidator. One way or another defaulters are going to be forced to pay up.

The liquidator has access to millions of dollars that are tied up in Great Southern accounts and can afford to chase monies owing, or allegedly owing, to Great Southern no matter how long it takes. It is quite likely that the liquidator will still be working on the Great Southern case in twenty years time.