They Were Promised Help With Mortgage Payments. Then They Got a Foreclosure Notice.

Don't have mortgage payments anymore!

In NL (likely any EU country) you can have the bank reclaim an automatic payment. Those are used for pretty much anything that requires a monthly or yearly payment.

There's a Dutch television show regarding people's financials where one couple was reclaiming their mortgage and their electric bill every month. When asked about it they claimed some bs. In one episode they had maybe 200 EUR left on their bank account. But they reclaimed 400 from the electric bill. The father thought they did well that month as they had 200 EUR left. The mother disagreed as they actually were at -200 EUR. This resulted in them starting what seemed like a angry discussion. The father completely relied on the figure in the bank account. If it's positive then you have money left!

Tv show is called "waar doen ze het van" if anyone understanding Dutch is reading along. It follows usually 4 different couples across a few episodes. Couples are from dirt poor up to rich (income of 50.000+ per month).

5 comments

Wells Fargo did this to me in 2010. They dragged their feet for months with mortgage assistance, then finally decides I was approved for refinancing hours after I was foreclosed on.
Don't have mortgage payments anymore! Solved!
- Abandon capitalism
  Return to anarche
  /s
- No property taxes if you live in a tent!
- Don't have mortgage payments anymore!
  In NL (likely any EU country) you can have the bank reclaim an automatic payment. Those are used for pretty much anything that requires a monthly or yearly payment.
  There's a Dutch television show regarding people's financials where one couple was reclaiming their mortgage and their electric bill every month. When asked about it they claimed some bs. In one episode they had maybe 200 EUR left on their bank account. But they reclaimed 400 from the electric bill. The father thought they did well that month as they had 200 EUR left. The mother disagreed as they actually were at -200 EUR. This resulted in them starting what seemed like a angry discussion. The father completely relied on the figure in the bank account. If it's positive then you have money left!
  Tv show is called "waar doen ze het van" if anyone understanding Dutch is reading along. It follows usually 4 different couples across a few episodes. Couples are from dirt poor up to rich (income of 50.000+ per month).