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The Black Forum 2 - The BN Village > Welcome to The Black Forum - The Blacknet Village > Professional, Business & Networking Village > he commits suicide after HALIFAX BANK decided to repossess his £180K home over £5K arrears


he commits suicide after HALIFAX BANK decided to repossess his £180K home over £5K arrears
 Moderated by: Saida.M, safetyblitz, Raven, Miss Brighter Days, LadyDay, Kunjufu, Kibibi, Happiness, Dillinger, Breadfruit, Backatya  

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COLTRANE
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 Posted: Wednesday February 15th, 2006 20:30

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http://www.thisismoney.co.uk/credit-and-loans/debt-news/article.html?in_article_id=407001&in_page_id=62



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 Posted: Wednesday February 15th, 2006 21:51

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Very sad ! ...all over £4,714 ! Terrible



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 Posted: Thursday February 16th, 2006 06:19

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COLTRANE wrote: http://www.thisismoney.co.uk/credit-and-loans/debt-news/article.html?in_article_id=407001&in_page_id=62

Extremely sad. The man only needed a week and a little understanding.

"The role played by the Halifax in pushing him towards taking his life is clear from his note.

It begins: "As the Halifax was not prepared to wait another week or so for the remortage preferring to shatter our lives rather than hang on, I would suggest ... doing something for the papers to let others know what happened."

 

Last edited on Thursday February 16th, 2006 06:21 by zaghawa



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 Posted: Thursday February 16th, 2006 18:33

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From first hand experience I know Halifax are b**tards, but they ain't worth taking ur life over.  Now dude has messed up his family good and proper cos the life insurance won't pay out for a suicide.



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 Posted: Thursday February 16th, 2006 21:39

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Poor thing, but thats no reason to kill yourself, he should of just declare bankrupty and start again or better still leave the country, makes you wonder all this debt people are in the banks do not help.

A friend of mine decided to return to uni as a mature student still has not completed the course and is £35,000 debt!!!!!!!!!!!!!!!



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 Posted: Friday February 17th, 2006 21:13

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Agape wrote: Poor thing, but thats no reason to kill yourself, he should of just declare bankrupty and start again or better still leave the country, makes you wonder all this debt people are in the banks do not help.

A friend of mine decided to return to uni as a mature student still has not completed the course and is £35,000 debt!!!!!!!!!!!!!!!


How is that possible?confused3



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 Posted: Friday February 17th, 2006 22:04

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Agape wrote: Poor thing, but thats no reason to kill yourself, he should of just declare bankrupty and start again or better still leave the country, makes you wonder all this debt people are in the banks do not help.

A friend of mine decided to return to uni as a mature student still has not completed the course and is £35,000 debt!!!!!!!!!!!!!!!


 I don’t judge the suicide.

I look at some of the degraded bums on the streets of los angeles and genuinely wonder why some of them haven’t killed themselves.

 â€œLet them rave, thou art quiet in thy graveâ€? (Emerson)


Last edited on Friday February 17th, 2006 22:12 by zaghawa



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 Posted: Friday February 17th, 2006 22:08

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I'm frigging terrified right about now!! :shock:

Seriously though that is bad business from the bank.  I thought they made money keeping people in debt for ages...



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COLTRANE
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 Posted: Friday February 17th, 2006 23:53

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I'm probably stating the bleeding obvious here but it's not always that obvious to everyone.

When most of the former mutual building societies turned into banks and paid so-called windfalls to their members of up to and around £1,000, this wasn't a windfall at all. Not in the long run.

I think a mortgage with a mutual building society is still cheaper, on the whole, than a bank. Building societies do not have to pay shareholders, only members. And you are a member just by virtue of having a mortgage with them.

I've always thought that building societies are the best place to have your mortgage ... and banks the best place to have your bank account. Call me old fashioned if you like. But I like to stick with the institutions who know what they're doing.



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COLTRANE
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 Posted: Friday February 17th, 2006 23:55

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athaba wrote: Agape wrote: Poor thing, but thats no reason to kill yourself, he should of just declare bankrupty and start again or better still leave the country, makes you wonder all this debt people are in the banks do not help.

A friend of mine decided to return to uni as a mature student still has not completed the course and is £35,000 debt!!!!!!!!!!!!!!!


How is that possible?confused3




 

@ Athaba

According to a survey by consumer analyst, Mintel, average debt in the UK per man, woman and child is now £11,830.

http://news.bbc.co.uk/1/hi/business/1779441.stm




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