An elderly women got evicted from her own home in Kalamaki, Corinthos in North Peloponnese for a debt that it was not even hers.
It was her son who had got a loan of 20,000 euros but was not paying back the installments.
The elderly women had co-signed the loan agreement as guarantor.
The bank decided to claim its money back and grabbed the house of the woman leaving her homeless.
Speaking to local KorinthosTV, a nephew of the woman said that they tried to make a settlement but “the bank did not accept it.”
The woman’s home is a two-room house with a big plot in an expensive area of Kalamaki.
The nephew added that the family has not dared to tell the elderly ex home owner the truth as “she has suffered several brain strokes.”
She will have to move to her son’s home where she used to spend a couple of months per year.
It seems that the family was not fully aware that they would lose the house when they headed to the court on Wednesday. They did not have even a legal adviser.
What is surprising is the fact that the government has been claiming that it has come in agreement with the banks that ‘first residence’ does not come in auctions for mortgages below 300,000 euros.
Apparently this was a different case and the woman got evicted for exactly 19.500 euros.
In a TV report about the eviction, I saw for a second a white-haired woman, a bit confused, certainly over 75, being carried away on what it seems to be a wheelchair….
PS One can get angry at the son who took the loan and did not pay back in times of economic crisis but also at the bank that accepts as guarantor an elderly woman probably as pensioner.
Three years ago, a friend, a self-employed struggling to survive, wanted a bank loan of 10,000 euros in order to pay outstanding debts in social security fund. The bank asked her home, an inheritance from her mother, as collateral. The home was worth more than 300,000 euros.