Strokestown **Mod Note in Post #4461**

padd b1975

blueythebear wrote: »

I think you misunderstand.... the strokestown could have gone to a pip and gotten a great deal like teresa lowe...but he didnt. He chose to get lunatic pseudo legal advice and not engage with the bank.

Dude had his terms readjusted numerous times and failed to adhere each time.

It's sad, but unfortunately he's at the end of the line now.

Brendan Bendar

Time to end this arse boxing and wanketry.

You take a risk, you back up with your property, if you lose, you lose.

These greedy people pushed out the boat too far, like the Greek lad who flew too close to the sun.

Time to take the gloves off with these people, Icarus crashed and burned, do these people seriously expect the taxpayer to bail them out when they extended themselves far too far.

We have people paying crèche fees working hard day and night and they see these tools thumbing their noses at people like that.


Time to take the gloves off on these hungry cheaters.

gandalf

mgn wrote: »

Looks like a lot of hate around here for people from the country who don't pay their debts.
Seems like if you owe a few hundred thousand your treated like vermin, but if your a big developer like Harry Crosbie, and a few of his mates you can owe hundreds of millions and still walk round like a celebrity and still live like a king,
And while i agree the should have being evicted years ago and it should never have got to this stage, not everyone mixes with celebrity barristers and just bury their head in sand when this happens.

Ohh ffs this guy is a serial defaulter. The bank gave him ample opportunity on multiple occasions to sort this out and he squandered them. The fact he lives in the country has nothing to do with this situation, if he lived in the city he'd also deserve to be turfed out.

Quite frankly I'm surprised this is still going on, its no wonder the mortgage interest rates in Ireland are higher than elsewhere in Europe because we facilitate wasters like this guy.

At the end of the day all the compliant mortgage holders are paying for this freeloader.

Brendan Bendar

gandalf wrote: »

Ohh ffs this guy is a serial defaulter. The bank gave him ample opportunity on multiple occasions to sort this out and he squandered them. The fact he lives in the country has nothing to do with this situation, if he lived in the city he'd also deserved to be turfed out.

Quite frankly I'm surprised this is still going on, its no wonder the mortgage interest rates in Ireland are higher than elsewhere in Europe because we facilitate wasters like this guy.

At the end of the day all the compliant mortgage holders are paying for this freeloader.

Exactly G, there is a concerning attitude in this country that once one is seen to be ‘ socking it to the man’ that that’s all fine and dandy.

There are folk who can’t evaluate the issues involved and can’t extrapolate to the big picture in that these people are robbing genuine hard working folk who are paying their taxes and mortgages often under extreme duress.

They are supporting tools who are robbing them blind!

How stupid is that.

Strong need to wipe out this wanketry and bulldust quite quickly otherwise it will grow legs , if it’s not too late already.

Let’s not blame the Govt. blame the cretins who support this behaviour and aid and abet the robbing of decent citizens who pay their way.

Time to take the gloves off on these tossers.

mgn

gandalf wrote: »

Ohh ffs this guy is a serial defaulter. The bank gave him ample opportunity on multiple occasions to sort this out and he squandered them. The fact he lives in the country has nothing to do with this situation, if he lived in the city he'd also deserve to be turfed out.

Quite frankly I'm surprised this is still going on, its no wonder the mortgage interest rates in Ireland are higher than elsewhere in Europe because we facilitate wasters like this guy.

At the end of the day all the compliant mortgage holders are paying for this freeloader.

As i said before he should have being fu*ked out long before now and it should have happened years ago.
My problem is a few posters on here seem to think, if you engage with the lenders,then everything is okay and get a big write off, everyone happy crap.

mgn

Brendan Bendar wrote: »

Exactly G, there is a concerning attitude in this country that once one is seen to be ‘ socking it to the man’ that that’s all fine and dandy.

There are folk who can’t evaluate the issues involved and can’t extrapolate to the big picture in that these people are robbing genuine hard working folk who are paying their taxes and mortgages often under extreme duress.

They are supporting tools who are robbing them blind!

How stupid is that.

Strong need to wipe out this wanketry and bulldust quite quickly otherwise it will grow legs , if it’s not too late already.

Let’s not blame the Govt. blame the cretins who support this behaviour and aid and abet the robbing of decent citizens who pay their way.

Time to take the gloves off on these tossers.

Yes, and it should apply to everyone, starting at the top.

Brendan Bendar

mgn wrote: »

Yes, and it should apply to everyone, starting at the top.

Starting wherever it needs to start at.

Of course it should apply to everyone, that’s what the law is all about.

JohnnyFlash

Brendan Bendar wrote: »

Starting wherever it needs to start at.

Of course it should apply to everyone, that’s what the law is all about.

There’s a section of society that supports this sort of behaviour, Brendan. They mostly hang out on Facebook groups or on the journal, but a few of ‘em make it over this far.

Nearly all of them are ‘on the social’ but still hate the Government, the police, RTÉ, and others who they perceive to be in positions of authority.

Strong clusters of these pond dwellers in north Dublin and up around the border regions.

Brendan Bendar

JohnnyFlash wrote: »

There’s a section of society that supports this sort of behaviour, Brendan. They mostly hang out on Facebook groups or on the journal, but a few of ‘em make it over this far.

Nearly all of them are one the social’ but still hate the Government, the police, RTÉ, and others who they perceive to be in positions of authority.

Strong clusters of these pond dwellers in north Dublin and up around the border regions.

Have to agree with that John, however responsible folk like ,I would suggest, you and I , should highlight their activities, call them out, and put it to them that if you take a risk there are consequences.

Unfortunately recent high profile ‘ evictions’ have not helped things, which is all the more reason why these people should be dealt with fairly and firmly and in a timely manner.

I mean if you have a 1 million gaff and you owe big money, surely the gaff should be the first to go and downsize.

That should be obvious surely.

Nevin Parsnipp

mgn wrote: »

As i said before he should have being fu*ked out long before now and it should have happened years ago.
My problem is a few posters on here seem to think, if you engage with the lenders,then everything is okay and get a big write off, everyone happy crap.

It is important to make a distinction between the mortgage holder who take out a modest mortgage and gets into difficulty due to health or job loss reasons and the person who take out a mortgage for speculative reasons.


I certainly was not happy with some recent very high profile writedowns.....but the point remains that they did engage and are still liable for very significant amounts.

Just making that clear....

Ardillaun

gandalf wrote: »

Ohh ffs this guy is a serial defaulter. The bank gave him ample opportunity on multiple occasions to sort this out and he squandered them. The fact he lives in the country has nothing to do with this situation, if he lived in the city he'd also deserve to be turfed out.

Quite frankly I'm surprised this is still going on, its no wonder the mortgage interest rates in Ireland are higher than elsewhere in Europe because we facilitate wasters like this guy.

At the end of the day all the compliant mortgage holders are paying for this freeloader.

There’s no mystery to high mortgage rates if defaulters are allowed to get away with it. I remain amazed how long some people in Ireland can get away with not honouring their debts.

Were the thugs who killed the dog ever caught BTW?

Ardillaun

Nevin Parsnipp wrote: »

It is important to make a distinction between the mortgage holder who take out a modest mortgage and gets into difficulty due to health or job loss reasons and the person who take out a mortgage for speculative reasons.


I certainly was not happy with some recent very high profile writedowns.....but the point remains that they did engage and are still liable for very significant amounts.

Just making that clear....

As soon as a person gets into trouble, they should be engaging with the lender and yet we are still reading of bizarre cases where borrowers (some of whom sound fairly prosperous) haven’t bothered with the mortgage in years and even have the brass neck to fight the case in court.

mgn

Ardillaun wrote: »

There’s no mystery to high mortgage rates if defaulters are allowed to get away with it. I remain amazed how long some people in Ireland can get away with not honouring their debts.

Were the thugs who killed the dog ever caught BTW?

Yes, Read post 4159.

blinding

blueythebear wrote: »

If i leave my door open, is it my fault that my house is burgled?

To some degree ,Yes .

Try leaving your doors open and see how you get on !

Tell your Insurance Company that you leave your doors open . See what they think of that carry on . I believe that some Insurance companies will not pay out if you leave your car keys in the ignition . Sure you might as well try that while your at it .

blueythebear

blinding wrote: »

To some degree ,Yes .

Try leaving your doors open and see how you get on !

Tell your Insurance Company that you leave your doors open . See what they think of that carry on . I believe that some Insurance companies will not pay out if you leave your car keys in the ignition . Sure you might as well try that while your at it .

The question arose in the context of a poster blaming the banks for not lending carefully. There is no tort of reckless lending in irish law. It has been canvassed extensively in the courts by defaulting borrowers with no success.

As to me being burgled, is the burglar wrong or has he still committed a crime? I mean i was reckless and left my door open.

The point is that the bank entered into a contract with the borrower. The bank expected the borrower to keep his end of the bargain which in this case he did not. If the bank cannot rely on people fulfilling their end of the bargain, then the bank will seek more security, further limit maximum loan amounts and increase interest rates .... clearly the borrower here is in the wrong.

windy shepard henderson

mgn wrote: »

As i said before he should have being fu*ked out long before now and it should have happened years ago.
My problem is a few posters on here seem to think, if you engage with the lenders,then everything is okay and get a big write off, everyone happy crap.

Your man from strokestown had a tax default written down back in 2012 or something,

If he had approached the banks in the same way he approached the revenue he probably wouldn't be in the mess he is in

It's accross the board that If you engage with the bank rather then ignore them there is always a chance of a write down , you have no chance of a write down if you try using freeman law

mgn

windy shepard henderson wrote: »

Your man from strokestown had a tax default written down back in 2012 or something,

If he had approached the banks in the same way he approached the revenue he probably wouldn't be in the mess he is in

It's accross the board that If you engage with the bank rather then ignore them there is always a chance of a write down , you have no chance of a write down if you try using freeman law

There should be no write downs for anyone, you borrowed the money so it has to paid back, if you don't, take everything the own.

This engage with the lender s*it is used to often to get big write offs ,while continuing to live a life of luxury.

windy shepard henderson

mgn wrote: »

There should be no write downs for anyone, you borrowed the money so it has to paid back, if you don't, take everything the own.

This engage with the lender s*it is used to often to get big write offs ,while continuing to live a life of luxury.

You are dead right, there should be but the system is there for whoever wants to take a chance on it, if it fails then tough, no one should be feeling sorry for this guy now

mgn

windy shepard henderson wrote: »

You are dead right, there should be but the system is there for whoever wants to take a chance on it, if it fails then tough, no one should be feeling sorry for this guy now

Problem with the system is that it is being abused by people that has plenty of money and friends in high places.
How many cases did he hear about people losing their homes that the bought at the peak and lost their jobs during the recession and not penny to their names. The system wasn't much good to them when their house was sold of to some vulture fund. No write offs for them.

Lewis_Benson

Anyone supporting these fools is just deluded.
If you cant pay your mortgage, you go and speak with the bank, I know this because I had to 9 years ago when both myself and my wife lost our jobs.
We reached an agreement with the bank and were able to sort things out.


If I had just refused to pay the bank, I'd have no house now.

fryup

so when are they getting chucked out?

anyone from the locality with any updates?

adne

mgn wrote: »

https://www.shannonside.ie/news/local/roscommon/breaking-strokestown-family-given-month-leave-property-kbc-wins-high-court-case/

What did he spend the 430k on. It certainly wasn't the house

Fann Linn

mgn wrote: »

There should be no write downs for anyone, you borrowed the money so it has to paid back, if you don't, take everything the own.

This engage with the lender s*it is used to often to get big write offs ,while continuing to live a life of luxury.

So only write downs for the bank?

mgn

Fann Linn wrote: »

So only write downs for the bank?

That's the way it works in this country, bankrupt the country get a bailout and the taxpayer pays for it for the rest of their lives, and the bankers who lent the money sail off into the sunset with their golden handshake and big pension.

blueythebear

mgn wrote: »

That's the way it works in this country, bankrupt the country get a bailout and the taxpayer pays for it for the rest of their lives, and the bankers who lent the money sail off into the sunset with their golden handshake and big pension.

Kbc were not bailed out by the irish taxpayer....

Kbc will take a major writedown in this case. the house is probably worth less than the loan, never mindthe legal fees so far

blinding

Are the Loyalists coming down this time ?

blueythebear

blinding wrote: »

Are the Loyalists coming down this time ?

No. It will be an garda siochana that forcibly remove the family and their moronic mob

BattleCorp

mgn wrote: »

That's the way it works in this country, bankrupt the country get a bailout and the taxpayer pays for it for the rest of their lives, and the bankers who lent the money sail off into the sunset with their golden handshake and big pension.

That doesn't excuse a cute hoooooor borrowing loads of money left, right and centre, not paying for their range rovers, not bothering to pay the taxman, not bothering to pay the banks, not bothering to pay the quarry, not bothering his hole to pay anything much back really. Debts everywhere and not a care in the world for paying any of it and other gobsh1tes willing to defend his carry-on.

Yes, the banks did wrong but that doesn't excuse the behaviour of yer man in Strokestown. Not even close.

blinding

BattleCorp wrote: »

That doesn't excuse a cute hoooooor borrowing loads of money left, right and centre, not paying for their range rovers, not bothering to pay the taxman, not bothering to pay the banks, not bothering to pay the quarry, not bothering his hole to pay anything much back really. Debts everywhere and not a care in the world for paying any of it and other gobsh1tes willing to defend his carry-on.

Yes, the banks did wrong but that doesn't excuse the behaviour of yer man in Strokestown. Not even close.

Did he have much previous before the Banks handed him the dosh ?

I am not saying they should have done this but is this one the Bank should not have written off long ago and , Admitted they fooked up giving money to this man .

blueythebear

blinding wrote: »

Did he have much previous before the Banks handed him the dosh ?

I am not saying they should have done this but is this one the Bank should not have written off long ago and , Admitted they fooked up giving money to this man .

He had previous it looks like but the bank would not necessarily have neen aware at the time.

Its ridiculous to say the bank should not make any effort to enforce its security and should give up if it seems difficult. The bank has already gone through years of court proceedings to get to this point. They will see this through to the end as they cannot be seen to back down. There is a simple solution... if the borrower paid his debts.