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Pensioners evicted from their home today!!

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Comments

  • #362
    My name is URL
    Registered Users, Registered Users 2 Posts: 25,239 ✭✭✭✭My name is URL


    MagicSean wrote: »
    If you want to talk about respect then how about you respect those of us you and your family are living off and move to somewhere you can afford.

    How exactly would him moving house save you money?


  • #363
    fishy fishy
    Registered Users, Registered Users 2 Posts: 3,456 ✭✭✭fishy fishy


    Monty Burnz wrote: »
    Perhaps you should look it up - this link may help.

    Incidentally, patronising people as you seem to be trying to do here is a dangerous game, as well as making yourself look like a d!ck.

    when you start calling fellow posters names, you've completely lost the debate. ;)


  • #364
    thebaz
    Registered Users, Registered Users 2 Posts: 13,846 ✭✭✭✭thebaz


    The Kelly look and sound more Toff, than ordinary folk


  • #365
    Paparazzo
    Closed Accounts Posts: 7,397 ✭✭✭Paparazzo


    hondasam wrote: »
    Who ever is whinging in the back round deserves a slap.
    FYP


  • #366
    Monty Burnz
    Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    fishy fishy wrote: »
    when you start calling fellow posters names, you've completely lost the debate. ;)
    What debate? You made a factual claim that was incorrect, while simultaneously implying that I am stupid. I think you may have some egg on your face, but what do I know?


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  • #367
    Unrealistic
    Registered Users, Registered Users 2 Posts: 1,387 ✭✭✭Unrealistic


    Tazz T wrote: »
    Anglo is dead?

    Anglo is never dead while we are paying for it.

    The ECB are paying our PS wages, because all our money is being used to pay the bondholders.

    And if it's owners lost their entire investment, how come most of them are living in fancy houses with rich lifestyles overseas?

    I'd say your attitude will grow up fairly quickly if you lose your job and your home.
    You're getting out of your depth here. Our financial problems are not only because we are paying off bondholders. Refusing to pay off bondholders would have allowed us two years more breathing period and then we would have been out in the cold. We are running a primary deficit of about €16 billion per annum so that's how much we'd have to cut out of social spending and public service pay if we wanted to tell the ECB where to get off.

    Which owners of Anglo are living in fancy houses with rich lifestyles overseas? It was a PLC with a wide shareholder base. Even Sean Fitzpatrick had only just over half a percent of the company if I remember correctly and he has been made bankrupt and is still in Ireland. Sean Quinn got up to 5% I think and he is in the bankruptcy process as well and the IBRC are pulling no punches going after him (the only case where they've really taken the gloves off). David Drumm had a minute shareholding and he is overseas but having a very rough ride of it in the US bankruptcy system. So which owners are you talking about "living in fancy houses with rich lifestyles overseas"? Most of the ownership was by ordinary Irish individuals, who owned a few shares, and Irish pension funds and they lost their entire investment.


  • #368
    MagicSean
    Closed Accounts Posts: 9,897 ✭✭✭MagicSean


    My name is URL wrote: »
    How exactly would him moving house save you money?

    Sell his home, move in somewhere small and cheap, pay off what he can from the mortgage and reduce our bank deficit and in turn our bailout.


  • #369
    Galwayguy35
    Registered Users, Registered Users 2 Posts: 17,209 ✭✭✭✭Galwayguy35


    actuallylike wrote: »
    Sorry I'd just like to address this. People seem to be under the impression that just because their house is extravagant or if they have other properties that sympathy should be withheld? I live with my parents in a house in a southside suburb. Admittedly it's quite a fine house, we spent years restoring it to what it is now and is one of the largest in the area. My parents have other properties around the place and they have been forced to sell close to all of them in the last few years. Recently this was felt would not be enough and banks were looking at our house...correction, our home!

    This isn't just a fine house to us, a roof over our heads, it's our home. It's where I have spent most of my life, where my brother and his wife had their first child, where my parents plan to retire and enjoy the surroundings that they have spent so much time and money to have. Every corner has a story. We have spent a large portion of our life making it ours, nobody else's. The news that we might be losing it has been absolutely heartbreaking. My dad has never done anything immoral unlike many people in the country. He played the property game, successfully and unfortunately it fell apart recently like most people.

    Now, recently we have gotten word that we may be out of the woods, meaning we might be able to keep it and to say that has been a relief is an understatement. We're not out of the woods yet but there is a light. But when I see comments like above, belittling people because of the house they are in or the properties they had makes me sick to my stomach. It reeks of this Irish attitude in recent months that no sympathy should be assigned to people of wealth. It's people like Sean Fitz who caused this misery. we were guilty of a form of tulipmania and it's unfortunate but understandable in human condition. Responses like above though are inexcusable and dare I say it broach on some sociopathic attitudes.

    Now I in no way condone that they should keep their house because they're 'pensioners' (awful tabloid phrasing), if they owe money, they owe money and no doubt this eviction didn't come as a surprise but for heavens sake, a couple have been eveicted from their home!!! Show some god damn respect.

    Only 4 words need to be quoted from that post. He "played the property game". That was his choice.


  • #370
    Grolschevik
    Registered Users, Registered Users 2 Posts: 3,472 ✭✭✭Grolschevik


    fishy fishy wrote: »
    look at it again and listen carefully to what is being said.
    also can you explain this "freeman bull****" - never heard of that before - is it something you made up, because the video was a bit complicated for a lot of people to understand - there was an "explanation" video after the clip, for those who couldn't keep up.

    Page 12 of this linked PDF:
    http://www.lawsociety.ie/Documents/G.../April2012.pdf

    Also: http://www.boards.ie/vbulletin/showthread.php?t=2056353782


  • #371
    Monty Burnz
    Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    Galwayguy35 wrote: »
    Only 4 words need to be quoted from that post. "He played the property game". That was his choice.

    And he did well when property was increasing in value by 15% a year. A business genius...


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  • #372
    hondasam
    Closed Accounts Posts: 34,418 ✭✭✭✭hondasam


    fishy fishy wrote: »
    if you listen to that youtube clip you will realise that they were in to take the property BEFORE it was done and dusted at court - they were not saying that they could not have the house - they were saying that they had to wait until the court was done with. Look at it again.

    The court had given the order and the bailiff had the said order. Why would you listen to them and not the court?


  • #373
    Faolchu
    Registered Users, Registered Users 2 Posts: 1,740 ✭✭✭Faolchu


    A2LUE42 wrote: »
    http://www.irishexaminer.com/breakingnews/ireland/evicted-couple-claim-bank-refused-to-talk-to-them-548136.html

    And now it's the first article on the examiner website...with a a photo of the two of them in the tent.


    how precious of them all huddled up in a tent :rolleyes:


  • #374
    HeidiHeidi
    Registered Users, Registered Users 2 Posts: 31,351 ✭✭✭✭HeidiHeidi


    Is it beyond the bounds of possibility that they actually weren't allowed to sell their house - and/or the investment properties - due to the level of negative equity? Maybe I'm wrong, but I think where the sale price is less than the outstanding mortgage you won't actually be let sell....

    I've not a jot of sympathy for them, btw - they dug a huge hole, waited as long as possible until they forced the banks hand, and then jumped in with both feet as far as I can tell - and are now playing a blinder with the media - but I just wonder if one step back they ran out of options in terms of selling up to clear up some of their debts, which a lot of posters have suggested.


  • #375
    Monty Burnz
    Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    Grolschevik wrote: »
    Page 12 of this linked PDF:
    http://www.lawsociety.ie/Documents/G.../April2012.pdf

    Also: http://www.boards.ie/vbulletin/showthread.php?t=2056353782
    I'm not sure his post merited such a helpful reply.


  • #376
    fionny
    Registered Users, Registered Users 2 Posts: 2,367 ✭✭✭fionny


    HeidiHeidi wrote: »
    Is it beyond the bounds of possibility that they actually weren't allowed to sell their house - and/or the investment properties - due to the level of negative equity? Maybe I'm wrong, but I think where the sale price is less than the outstanding mortgage you won't actually be let sell....

    I've not a jot of sympathy for them, btw - they dug a huge hole, waited as long as possible until they forced the banks hand, and then jumped in with both feet as far as I can tell - and are now playing a blinder with the media - but I just wonder if one step back they ran out of options in terms of selling up to clear up some of their debts, which a lot of posters have suggested.

    They still couldve given notice to one of the tenants have them move out and they move in and let the house be re-possessed without fuss. They had more then enough time.


  • #377
    My name is URL
    Registered Users, Registered Users 2 Posts: 25,239 ✭✭✭✭My name is URL


    MagicSean wrote: »
    Sell his home, move in somewhere small and cheap, pay off what he can from the mortgage and reduce our bank deficit and in turn our bailout.

    I think you're making an awful lot of assumptions tbh. You don't know whether or not the bank would allow for the sale of the home considering the loss they'd have to incur on it. They'd still have to pay the outstanding balance surely?

    And you don't know that they aren't already living in a small and cheap home. These things are purely subjective.


  • #378
    HeidiHeidi
    Registered Users, Registered Users 2 Posts: 31,351 ✭✭✭✭HeidiHeidi


    fionny wrote: »
    They still couldve given notice to one of the tenants have them move out and they move in and let the house be re-possessed without fuss. They had more then enough time.

    Oh I'm not arguing that point at all :D

    Just the "they should've sold up and cleared their debts" angle.


  • #379
    fionny
    Registered Users, Registered Users 2 Posts: 2,367 ✭✭✭fionny


    My name is URL wrote: »
    And you don't know that they aren't already living in a small and cheap home. These things are purely subjective.

    Yes we do know... they were living in their 2 million euro house in a private gated compound and did diddly squat about the repossesion order issued 2 years ago until yesterday...

    One thing ill say is this couple aint stupid. They played the bank long and hard and then had a nice PR line up ready for when the **** hit the fan.

    F**K them.


  • #380
    My name is URL
    Registered Users, Registered Users 2 Posts: 25,239 ✭✭✭✭My name is URL


    fionny wrote: »
    Yes we do know... they were living in their 2 million euro house in a private gated compound and did diddly squat about the repossesion order issued 2 years ago until yesterday...

    One thing ill say is this couple aint stupid. They played the bank long and hard and then had a nice PR line up ready for when the **** hit the fan.

    F**K them.

    I'm not talking about the couple involved in the story


  • #381
    hondasam
    Closed Accounts Posts: 34,418 ✭✭✭✭hondasam


    My name is URL wrote: »
    I think you're making an awful lot of assumptions tbh. You don't know whether or not the bank would allow for the sale of the home considering the loss they'd have to incur on it. They'd still have to pay the outstanding balance surely?

    And you don't know that they aren't already living in a small and cheap home. These things are purely subjective.

    I'm sure they never tried to sell it. We seen pictures of the house it was big and very nice. We know they are living in a tent on the footpath now.


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  • #382
    hondasam
    Closed Accounts Posts: 34,418 ✭✭✭✭hondasam


    My name is URL wrote: »
    I'm not talking about the couple involved in the story

    Makes all out posts irrelevant then. Who are you talking about?


  • #383
    I am pie
    Closed Accounts Posts: 4,652 ✭✭✭I am pie


    Why don't evictions of genuinely poor people with nowhere else to go make the front of the independent?

    Where are the cameras then?


  • #384
    poiuytsam
    Closed Accounts Posts: 43 ✭poiuytsam


    It seems the bank are repossing so they can sell it ! It is very difficult to see people evicted from their home, at there point in life it is unlikely that they will be able to recover to a large extent, financially


  • #385
    MagicSean
    Closed Accounts Posts: 9,897 ✭✭✭MagicSean


    My name is URL wrote: »
    I think you're making an awful lot of assumptions tbh. You don't know whether or not the bank would allow for the sale of the home considering the loss they'd have to incur on it. They'd still have to pay the outstanding balance surely?

    And you don't know that they aren't already living in a small and cheap home. These things are purely subjective.

    Not really an assumption,

    "I live with my parents in a house in a southside suburb. Admittedly it's quite a fine house, we spent years restoring it to what it is now and is one of the largest in the area."


  • #386
    Wile E. Coyote
    Registered Users, Registered Users 2 Posts: 1,560 ✭✭✭Wile E. Coyote


    My name is URL wrote: »
    I think you're making an awful lot of assumptions tbh. You don't know whether or not the bank would allow for the sale of the home considering the loss they'd have to incur on it. They'd still have to pay the outstanding balance surely?

    The bank would have considered an offer if it was made. At the end of the day the bank doesn't make any extra money by repossessing the property.


  • #387
    Bigtalker
    Registered Users, Registered Users 2 Posts: 29 ✭Bigtalker


    I feel very sorry for these people - at the end of the day they have worked hard their whole life. They made deicions which at the time they believed was taking a risk but would pay off and secure their future. We have all done it (maybe not with the same amount of sums involved and the regulator should not have let them secure any of the loans in the manner that they have).

    They have been forced to publicly fight this battle over the last two years in the press due to the sums of money involved. I have followed their story and at times they have offered the bank €22million (while owing them €71million) and the bank refused to take the money from them unless it was the full installment. I appreciate the couple took risks and they didnt pay off and the couple recognise this in all their statements made to the press. I think their issue is how they are being managed by the bank and so publicly as well.

    I hope that after working hard my whole life and making decisions that I believe will better the future of my family and friends that it doesnt come to this.


  • #388
    sandin
    Closed Accounts Posts: 1,594 ✭✭✭sandin


    When the story first appeared, they had public support.

    But as the story was disimmenated and it was found that he made no atrempt to pay a single cent towards the mortgage for over 12 month BEFORE the court order and then for the 2 years after the court order still made no attempt to pay a single cent.

    IBRC is owned by the taxpayers, so he is giving us the 2 fingers with that behaviour.

    He seems to have substantial mortgage free properties around the country and does not seem to be short of everyday money.

    At worst he could stay in a hotel for a few nights, then rent somewhere else. - But that would not pander to his now failed media bombing.

    BTW - you can be 100% certain that if you did not pay the rent to himfor one fo his properties, you'd have been out sharpish.

    You simply cannot have pity on this buffoon.


  • #389
    HeidiHeidi
    Registered Users, Registered Users 2 Posts: 31,351 ✭✭✭✭HeidiHeidi


    Bigtalker wrote: »
    I feel very sorry for these people - at the end of the day they have worked hard their whole life. They made deicions which at the time they believed was taking a risk but would pay off and secure their future. We have all done it (maybe not with the same amount of sums involved and the regulator should not have let them secure any of the loans in the manner that they have).

    They have been forced to publicly fight this battle over the last two years in the press due to the sums of money involved. I have followed their story and at times they have offered the bank €22million (while owing them €71million) and the bank refused to take the money from them unless it was the full installment. I appreciate the couple took risks and they didnt pay off and the couple recognise this in all their statements made to the press. I think their issue is how they are being managed by the bank and so publicly as well.

    I hope that after working hard my whole life and making decisions that I believe will better the future of my family and friends that it doesnt come to this.

    Owed €71 million, at age 72 :eek::eek:

    How did he EVER think that was going end well???

    (assuming that's true - I've never heard of this couple before - do you have links to previous press reports of their case?)


  • #390
    hondasam
    Closed Accounts Posts: 34,418 ✭✭✭✭hondasam


    Bigtalker wrote: »
    I feel very sorry for these people - at the end of the day they have worked hard their whole life. They made deicions which at the time they believed was taking a risk but would pay off and secure their future. We have all done it (maybe not with the same amount of sums involved and the regulator should not have let them secure any of the loans in the manner that they have).

    They have been forced to publicly fight this battle over the last two years in the press due to the sums of money involved. I have followed their story and at times they have offered the bank €22million (while owing them €71million) and the bank refused to take the money from them unless it was the full installment. I appreciate the couple took risks and they didnt pay off and the couple recognise this in all their statements made to the press. I think their issue is how they are being managed by the bank and so publicly as well.

    I hope that after working hard my whole life and making decisions that I believe will better the future of my family and friends that it doesnt come to this.

    You feel sorry for them, at that rate my bank should let me have my house for nothing because it's a drop in the ocean compared to the highlighted piece above. I have no sympathy, they were greedy and lost.


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  • #391
    Bigtalker
    Registered Users, Registered Users 2 Posts: 29 ✭Bigtalker


    HeidiHeidi wrote: »
    Owed €71 million, at age 72 :eek::eek:

    How did he EVER think that was going end well???

    (assuming that's true - I've never heard of this couple before - do you have links to previous press reports of their case?)


    I am trying to find them. Illegally online here during my lunch break though so might struggle.

    I only read Irish times and Journal.ie though so.....


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