30 Jul 2010 12:00 AM:

My family, mom dad and brother live in catral and have done for 5 years,they were given a morgage on one of catrals illeagle builds,by the cam bank,they had a solicitor over look the sale of the land and build who turned out to be the cam bank managers son,due to the downturn in work in this area my brother and father have had a short fall in work and have fell behind in the morgage payments,the have been paying what they could and the cam bank said all was fine ,in the last 3 months there work has got better a little so have paid some extra to help with the arreers , they took the morgage money to the cam bank 3 weeks ago only to be told pay the full amount otherwise" they will not take any payment at all" ,they asked what the full amount was and it was 3 times what they owed.

Since then they have sort advice and have been told by the cam bank that they have also incured a charge of 13,000euros penelty.

They have been granted a morgage on a ellegle house by this cam bank,which has contributed to the downturn in work in catral and the surrounding areas,and are now cashing in on my familys lifetime of work by asking them to pay 20,000 euros for 3,000euros worth of arreers or the CAM BANK will reposess.

Any information,advice,legal or personal would be greatfull

many thanks ,Darren Hope

Thread: cam bank charge pentioners 13,000euro intrest for morgage late payment

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30 Jul 2010 12:00 AM:

the cam bank is the most corrupt bank in spain,

 

Thread: the cam bank

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27 Jul 2010 12:00 AM:

Hi,

I am new to this site - having now nowhere else to turn.  This is on behalf of my parents and brother who are in Catral, Spain. They have been given a mortgage by the CAM bank 5 years ago which is deemed illegal. There has been a downturn in work and they have fell into arrears with the mortgage but are paying and have been paying at least two thirds of the mortgage for the last 6 months. The bank was fine with this however last week my father and brother went to pay the mortgage which was 200 euros over the full amount and the bank declined to this payment and have now tripled the amount of bank charges and have also put a 13,000.00 euro fine because they have defaulted. They have no money to fight it with a solicitor and are in dire straights. Can anyone please give me some advice? My parents are both pensioners and quite frankly are finding it extremely difficult to put up with the stress or keep a positive outlook.

Any help, advice or assistance would be fantastically appreciated from anyone.

Thank you very much.

daza hope.

Thread: HELP!!

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