When neither having a payroll nor retiring is synonymous with being able to pay for a house

Paco and his wife are retirees and live in debt from 2014 that the savings bank won’t forgive them. At the darkest stage of the financial crisis, they stumbled upon and offered to pay 200 instead of 300 per month. They recovered financially in a short time. However, the bank never wanted to give up even a little, and the legal battle continues to this day. They may lose their home A loan of 14,000 Euro (25,000 with interest).

This situation drags many Valencian families away. This was reported by José Luis González, spokesperson of the People Affected by Mortgages Platform (PAH), and he is very concerned about these cases. Families who can pay but may fall into the abyss due to past debts that savings banks don’t forgive. So they laid claim to the Generalitat Valenciana—and the banks, by the way. “soft debt” For those families that can pay like Paco’s. But the bank does not forgive.

Paco’s case – who prefers to remain anonymous – is the case of the others. He and his wife faced a 300-euro mortgage until 2014, when the crisis forced them to stop paying. “We had to pay for food and other expenses.so we offered to pay 200 euros for the asset, that’s what we could do,” he explains. But the bank refused.

The situation lasted for several years and they sought advice from PAH, which advised them to stop paying so that the resulting interest would not consume that money. They have the capacity to pay the remaining 14,000 euros for years, but the risk chief of the organization that helped them never bowed to deadlines and denounced them for their premature termination. Now Interest adds debt up to 25 thousand euros.

The mortgage expired on May 31, 2021, but judgments come long ago. The first-instance court agreed with Paco and his wife, and it will now be the County Court, which will decide on an as-yet-unknown sentence. Both have already managed to pay the mortgage costs to the Supreme Court, which their assets have denied. Paco explains that they will benefit from the Government’s one-year moratorium if the decision turns out to be negative. All this after a viaduct with a public defender who barely helps them or shows interest in the cause.

work all life

Paco explains that he’s worked all his life, first as a freelancer, and then for many years at a company that took deductions from his Social Security salary. “I finally left with a very low pension”, invoice. She managed to get advice and raise it to almost 800 euros through social services, as 400 of her husbands are unemployed over the age of 55.

They are currently offering to keep paying two hundred. “With the cost of 45 stairs every month, a leak of 100 euros, electricity, water and gas going crazy and cancer drugs costing me 60 to 70 euros a month. This is the situation. We’ve tried to renegotiate debts a thousand times, but they don’t want to.”. He is receiving treatment at the Valencia Institute of Oncology (IVO) and relativizing the problems alongside his and his wife’s health, nothing seems so serious to him.

“We try not to think too much if you don’t suffocate yourself.“The banks are here to make money, period,” he replies when asked why the bank thinks a longtime client would not agree to renegotiate the debt.

She keeps all her papers in a blue zippered briefcase, so she keeps it organized. Every bureaufax sent to the entity asks them to take a break, and every case they have for not paying, even though Paco could pay. “The last time they told me to sell the house and pay the debt. Will I sell the house, what should I do? Do I live under the bridge at my age? Nobody rents out a married couple. 80 and 65 years old”, Mint. “We just wanted a loan we could pay off,” she says.

“Is it fair or unfair?”

Amparo also has a payslip and a permanent job. She doesn’t want to be seen either. but his situation is one of those that did not happen to anyone, but actually happened to everyone. He works for minimum wage and had to enroll his son in his home to rent a house. “You have to prove about 2,500 income to give you a lease,” she complains.

He did it because there was no one else. But now he has come face-to-face with the reality that exceeded the requirements to be able to claim rental assistance. In other words, the minimum amount for someone to rent you a house in Valencia, conditions they request for assistance hire. And Amparo was left out. “I don’t understand how people want this, it should just be people with old rental houses, but right now a lot of people should stay out,” she complains.

Without your child’s registration there is no housing, and without housing there is no help. But accessing a rental exceeds the Department’s requirements for rental assistance. It is a bureaucratic labyrinth in which Amparo feels trapped. She doesn’t want more than her share. She has a 40-hour job, but can’t escape poverty, and it turns out she’s over the top to seek help to comfort her. vicious circle. Therefore, when he sent an e-mail to this newspaper complaining about his condition, the subject read: “Is it fair or unjust?”