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Spain banks suspend house evictions for 2 years

 
Anonymous Netherlands
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11/12/2012 08:24 AM
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Spain banks suspend house evictions for 2 years
[link to www.bbc.co.uk]


Spain suspends house evictions for two years

Demonstrators have been preventing evictions happening in Spain
Spanish banks are to suspend evictions for the next two years for the most vulnerable people.

An estimated 350,000 families have been evicted from their homes since Spain's property market crashed in 2008, at the beginning of the economic crisis.

The announcement comes three days after a woman in northern Spain took her own life, just before she was due to be evicted from her home.

It is not clear how they will decide who the most vulnerable people are.

The announcement came from the Spanish banking association, AEB.

A 53-year-old woman jumped out of her fourth-floor flat on Friday as local officials arrived to evict her from her home.

Another man in the city of Granada, whose house was also due to be repossessed, apparently committed suicide last month.

There have been demonstrations in Spain, with an organisation called Platform for Mortgage Victims blocking access to houses to prevent evictions.

The Spanish government is meeting the opposition on Monday to discuss new regulations for evictions.

Juliane Kokott, the European Court of Justice's advocate general, has criticised the current rules on evictions, saying they violate European consumer protection rules.
Anonymous Netherlands
Anonymous Coward
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Portugal
11/12/2012 08:25 AM
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Re: Spain banks suspend house evictions for 2 years
bump
Anonymous Coward
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11/12/2012 08:30 AM
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Re: Spain banks suspend house evictions for 2 years
EVERYONE NEEDS TO QUIT PAYING THEIR MORTGAGES NOW! EVERYONE! Let's bring these fuckrs down!
Anonymous Netherlands  (OP)

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11/12/2012 08:31 AM
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Re: Spain banks suspend house evictions for 2 years
Think more countries will follow. Sucide is happing across Europe over this issue on daily bases.
Anonymous Netherlands
Anonymous Netherlands  (OP)

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11/12/2012 08:31 AM
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Re: Spain banks suspend house evictions for 2 years
EVERYONE NEEDS TO QUIT PAYING THEIR MORTGAGES NOW! EVERYONE! Let's bring these fuckrs down!
 Quoting: Anonymous Coward 1313288


This actualy would be a smart move. Only when everyone does it of course.
Anonymous Netherlands
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11/12/2012 08:49 AM
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Re: Spain banks suspend house evictions for 2 years
The problem we have in Spain is that not only the bank keeps the house but you still have to pay back the debt , can you believe it? So on top of having nowhere to go you keep the debt for the rest of your life , so in case you ever have some money from work etc you have to keep on paying.
SteamrolledGobias

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11/12/2012 08:51 AM
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Re: Spain banks suspend house evictions for 2 years
lets see BoA or JPM do this over here
SteamrolledGobias

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11/12/2012 08:52 AM
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Re: Spain banks suspend house evictions for 2 years
The problem we have in Spain is that not only the bank keeps the house but you still have to pay back the debt , can you believe it? So on top of having nowhere to go you keep the debt for the rest of your life , so in case you ever have some money from work etc you have to keep on paying.
 Quoting: Anonymous Coward 27582278


wow that's incredibly shady
Anonymous Coward
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Germany
11/12/2012 08:55 AM
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Re: Spain banks suspend house evictions for 2 years
Spain suspends house evictions for two years
 Quoting: Anonymous Netherlands


Doesn't that create incentives for people to simply stop paying their mortgage?

They know they can't get evicted for the next two years...
Anonymous Coward
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Portugal
11/12/2012 08:57 AM
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Re: Spain banks suspend house evictions for 2 years
Spain suspends house evictions for two years
 Quoting: Anonymous Netherlands


Doesn't that create incentives for people to simply stop paying their mortgage?

They know they can't get evicted for the next two years...
 Quoting: Anonymous Coward 27584447


Typical german comment!
Anonymous Coward
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11/12/2012 08:58 AM
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Re: Spain banks suspend house evictions for 2 years
The problem we have in Spain is that not only the bank keeps the house but you still have to pay back the debt , can you believe it? So on top of having nowhere to go you keep the debt for the rest of your life , so in case you ever have some money from work etc you have to keep on paying.
 Quoting: Anonymous Coward 27582278


wow that's incredibly shady
 Quoting: SteamrolledGobias


evil scumbags will burn in hell for their greed and lack of empathy
Anonymous Coward
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11/12/2012 08:59 AM
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Re: Spain banks suspend house evictions for 2 years
Spain suspends house evictions for two years
 Quoting: Anonymous Netherlands


Doesn't that create incentives for people to simply stop paying their mortgage?

They know they can't get evicted for the next two years...
 Quoting: Anonymous Coward 27584447


They already can't afford to pay their mortgage so what's the difference?
Anonymous Coward
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11/12/2012 08:59 AM
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Re: Spain banks suspend house evictions for 2 years
Spain suspends house evictions for two years
 Quoting: Anonymous Netherlands


Doesn't that create incentives for people to simply stop paying their mortgage?

They know they can't get evicted for the next two years...
 Quoting: Anonymous Coward 27584447


Typical german comment!
 Quoting: Luisport


I's better to have people jump from windows!!! I will be so happy when something bad happen to germany!!!
Anonymous Coward
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11/12/2012 09:00 AM
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Re: Spain banks suspend house evictions for 2 years
EVERYONE NEEDS TO QUIT PAYING THEIR MORTGAGES NOW! EVERYONE! Let's bring these fuckrs down!
 Quoting: Anonymous Coward 1313288


It does kind of make me wonder; if they suspend evictions why would anyone still pay their mortgage? Although this new move was done for all the right reasons it may actually lead to more chaos because it will expose another part of the system as a complete lie.

Ah, shit, who cares. Its all going to collapse anyway - why not give it another nudge. EVERYONE: STOP PAYING MORTGAGES NOW.
Anonymous Coward
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11/12/2012 09:00 AM
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Re: Spain banks suspend house evictions for 2 years
Spain suspends house evictions for two years
 Quoting: Anonymous Netherlands


Doesn't that create incentives for people to simply stop paying their mortgage?

They know they can't get evicted for the next two years...
 Quoting: Anonymous Coward 27584447


Typical german comment!
 Quoting: Luisport


Why would you have sympathies with people who take such risks in their life?

Taking on a big mortgage is no different than speculating on the derivatives market.

You assume you can pay it all back one day... That's gambling...
Anonymous Coward
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United Kingdom
11/12/2012 09:02 AM
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Re: Spain banks suspend house evictions for 2 years
The problem we have in Spain is that not only the bank keeps the house but you still have to pay back the debt , can you believe it? So on top of having nowhere to go you keep the debt for the rest of your life , so in case you ever have some money from work etc you have to keep on paying.
 Quoting: Anonymous Coward 27582278


wow that's incredibly shady
 Quoting: SteamrolledGobias


WTF? Seriously?! Right, that's it. I've bloody well had enough. Lets just rip this fraudulent system apart starting right now!!! Come on; everyone. Just say 'F' you to ALL of the mother fuckers in power, all of the bankers, all of the politicians. Lets destroy them. NOW.
Anonymous Coward
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Portugal
11/12/2012 09:04 AM
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Re: Spain banks suspend house evictions for 2 years
Spain suspends house evictions for two years
 Quoting: Anonymous Netherlands


Doesn't that create incentives for people to simply stop paying their mortgage?

They know they can't get evicted for the next two years...
 Quoting: Anonymous Coward 27584447


Typical german comment!
 Quoting: Luisport


Why would you have sympathies with people who take such risks in their life?

Taking on a big mortgage is no different than speculating on the derivatives market.

You assume you can pay it all back one day... That's gambling...
 Quoting: Anonymous Coward 27584447


NAZI!!! NAZI!!!:hitler:
Anonymous Coward
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Germany
11/12/2012 09:05 AM
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Re: Spain banks suspend house evictions for 2 years
...


Doesn't that create incentives for people to simply stop paying their mortgage?

They know they can't get evicted for the next two years...
 Quoting: Anonymous Coward 27584447


Typical german comment!
 Quoting: Luisport


Why would you have sympathies with people who take such risks in their life?

Taking on a big mortgage is no different than speculating on the derivatives market.

You assume you can pay it all back one day... That's gambling...
 Quoting: Anonymous Coward 27584447


NAZI!!! NAZI!!!:hitler:
 Quoting: Luisport


lol Up yours, Luis.
Anonymous Coward
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11/12/2012 09:06 AM
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Re: Spain banks suspend house evictions for 2 years
...


Doesn't that create incentives for people to simply stop paying their mortgage?

They know they can't get evicted for the next two years...
 Quoting: Anonymous Coward 27584447


Typical german comment!
 Quoting: Luisport


Why would you have sympathies with people who take such risks in their life?

Taking on a big mortgage is no different than speculating on the derivatives market.

You assume you can pay it all back one day... That's gambling...
 Quoting: Anonymous Coward 27584447


NAZI!!! NAZI!!!:hitler:
 Quoting: Luisport



WE NEVER EVER SHOULD HELP GERMANY TO RECOVER FROM WW2!!! I HOPE EVERYONE LEARN THE LESSON NOW!!! WE NEVER EVER SHOULD FORGIVE GERMANY TO PAY HER DEBTH OF WW2!!!
Anonymous Coward
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11/12/2012 09:07 AM
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Re: Spain banks suspend house evictions for 2 years
EVERYONE NEEDS TO QUIT PAYING THEIR MORTGAGES NOW! EVERYONE! Let's bring these fuckrs down!
 Quoting: Anonymous Coward 1313288


ohyeahohyeahohyeahohyeahohyeah
Anonymous Coward
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United Kingdom
11/12/2012 09:07 AM
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Re: Spain banks suspend house evictions for 2 years
germany will get theirs
Anonymous Coward
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11/12/2012 09:08 AM
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Re: Spain banks suspend house evictions for 2 years
WE NEVER EVER SHOULD HELP GERMANY TO RECOVER FROM WW2!!! I HOPE EVERYONE LEARN THE LESSON NOW!!! WE NEVER EVER SHOULD FORGIVE GERMANY TO PAY HER DEBTH OF WW2!!!
 Quoting: Luisport


Anonymous Coward
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11/12/2012 09:11 AM
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Re: Spain banks suspend house evictions for 2 years
germany will get theirs
 Quoting: Anonymous Coward 27468783


THIS NAZIS WANT TO FINISH WITH UK, FRANCE AND ALL THE DEMOCRATIC CONTRYS IN EUROPE!!! THEY WANT REVENGE FROM WW2 LOST!!!
Anonymous Coward
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11/12/2012 09:11 AM
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Re: Spain banks suspend house evictions for 2 years
...


Typical german comment!
 Quoting: Luisport


Why would you have sympathies with people who take such risks in their life?

Taking on a big mortgage is no different than speculating on the derivatives market.

You assume you can pay it all back one day... That's gambling...
 Quoting: Anonymous Coward 27584447


NAZI!!! NAZI!!!:hitler:
 Quoting: Luisport



WE NEVER EVER SHOULD HELP GERMANY TO RECOVER FROM WW2!!! I HOPE EVERYONE LEARN THE LESSON NOW!!! WE NEVER EVER SHOULD FORGIVE GERMANY TO PAY HER DEBTH OF WW2!!!
 Quoting: Luisport


True, let us present them a bill, and the one in modern money equivalent.
German guy, how much do you have in you pocket to refund us?
Anonymous Coward
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United Kingdom
11/12/2012 09:13 AM
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Re: Spain banks suspend house evictions for 2 years
germany will get theirs
 Quoting: Anonymous Coward 27468783


THIS NAZIS WANT TO FINISH WITH UK, FRANCE AND ALL THE DEMOCRATIC CONTRYS IN EUROPE!!! THEY WANT REVENGE FROM WW2 LOST!!!
 Quoting: Luisport


of course!
Anonymous Coward
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Portugal
11/12/2012 09:14 AM
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Re: Spain banks suspend house evictions for 2 years
germany will get theirs
 Quoting: Anonymous Coward 27468783


THIS NAZIS WANT TO FINISH WITH UK, FRANCE AND ALL THE DEMOCRATIC CONTRYS IN EUROPE!!! THEY WANT REVENGE FROM WW2 LOST!!!
 Quoting: Luisport


of course!
 Quoting: Anonymous Coward 27468783


The only chance UK has to survive is to quit EU!!!
Anonymous Coward
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United States
11/12/2012 09:14 AM
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Re: Spain banks suspend house evictions for 2 years
EVERYONE NEEDS TO QUIT PAYING THEIR MORTGAGES NOW! EVERYONE! Let's bring these fuckrs down!
 Quoting: Anonymous Coward 1313288


BINGO!!!!!!!
Anonymous Coward
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United Kingdom
11/12/2012 09:14 AM
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Re: Spain banks suspend house evictions for 2 years
The problem we have in Spain is that not only the bank keeps the house but you still have to pay back the debt , can you believe it? So on top of having nowhere to go you keep the debt for the rest of your life , so in case you ever have some money from work etc you have to keep on paying.
 Quoting: Anonymous Coward 27582278


wow that's incredibly shady
 Quoting: SteamrolledGobias


WTF? Seriously?! Right, that's it. I've bloody well had enough. Lets just rip this fraudulent system apart starting right now!!! Come on; everyone. Just say 'F' you to ALL of the mother fuckers in power, all of the bankers, all of the politicians. Lets destroy them. NOW.
 Quoting: Anonymous Coward 23992770


this made me think of basil thrashing his car


when will we reach our limit?
Anonymous Coward
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Germany
11/12/2012 09:15 AM
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Re: Spain banks suspend house evictions for 2 years
German guy, how much do you have in you pocket to refund us?
 Quoting: Anonymous Coward 27125285


Did you ever learn about your own history, Spaniard?

How come you guys aren't refunding Mexico for eradicating the Aztecs...
Anonymous Coward
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United Kingdom
11/12/2012 09:17 AM
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Re: Spain banks suspend house evictions for 2 years
germany will get theirs
 Quoting: Anonymous Coward 27468783


THIS NAZIS WANT TO FINISH WITH UK, FRANCE AND ALL THE DEMOCRATIC CONTRYS IN EUROPE!!! THEY WANT REVENGE FROM WW2 LOST!!!
 Quoting: Luisport


of course!
 Quoting: Anonymous Coward 27468783


The only chance UK has to survive is to quit EU!!!
 Quoting: Luisport


lol, trust me, we want to

they would kick us out but they love our £50million per day


this CANNOT go on ad infinitum. they can keep kicking the can but eventually they will have more than money woes to deal with
Anonymous Coward
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Portugal
11/12/2012 09:17 AM
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Re: Spain banks suspend house evictions for 2 years
German guy, how much do you have in you pocket to refund us?
 Quoting: Anonymous Coward 27125285


Did you ever learn about your own history, Spaniard?

How come you guys aren't refunding Mexico for eradicating the Aztecs...
 Quoting: Anonymous Coward 27584447


YES WE KNOW HISTORY, THAT'S WY WE KNOW GERMANY WILL LOOSE THIS WAR AGAIN!!!





GLP