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Bank Mum On 2m Baht Claim For Seizing The Wrong House


webfact

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1 hour ago, rankric said:

Seems odd. Have visited many foreclosed properties and normally the residents are still there whist the house is being sold from under them. Grim and awkward 

The house they went to wasn't the foreclosed property. That is the whole point of the article. So your comment is irrelevant.

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1 hour ago, Gknrd said:

Happens in the US. Think reverse mortgage.  Biggest rip off in decades and government sponsored.  Elderly are displaced daily.. 

Only difference is in the US it is done legally and with fast talking salesmen. And is not done in error, it is done on purpose.

Nobody is forced to do it.

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6 hours ago, webfact said:

Mr. Ronnarong Kaewpetch, chairman of the Network to Reclaim Justice, said the couple who own this wrongfully seized house had met this bank’s officials in front of the police and demanded 2 million baht compensation which they refused to pay, saying the error was not intentional.

Pay up you idiots. 

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1 hour ago, ezzra said:

Now, if this 'unintentional law' is indeed a thing and a law in this country, than they will have a fight on their hands, if not, the bank don'd have a leg to stand on, but TIT, and bizarre laws and rules are not unheard of in this country...

 

Could you explain what "TIT"means, thanks.

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Unless the bank gave the wrong address to the contractor, it's not really the bank's fault, but said contractor.

 

But. As others have said. Most banks in the west would be jumping over themselves to recompense the offended parties, along with a profuse apology and probably an investigation to try and prevent it happening again.

 

Perhaps the bank's official is worried that any compensatioon would be taken out of his salary.

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7 hours ago, webfact said:

met this bank’s officials in front of the police and demanded 2 million baht compensation which they refused to pay, saying the error was not intentional.

Maybe not intentional but it is what materialised from their mistake...

compensation is due.

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Since " saving face and defamation is very strong"" in Thailand can you imagine how home owners would feel being labelled broke and being wrongfully locked out of own home with neighbours looking down on them go defamation route against the bank 

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23 minutes ago, mikeymike100 said:

Could you explain what "TIT"means, thanks.

It’s a  Trinkism for explain anything weird and wonderful that happens here...”This Is Thailand”

 What, you don’t know what a Trinkism is ?

 You don’t know who Bernard Trink was ?

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4 hours ago, Dukeleto said:

Fabulous so if I cause an accident, which was unintentional as most are I don’t need to pay? Good luck with that one. The bank in question should be named and appropriately shamed! Undoubtedly when they are and there is a public outcry there will be loads of Wai-Ing and flower bouquets and fruit baskets all around.

1) Would the bank care at all?

2) Under the Thai law....defamation springs to mind

a) Bank would cue for 4 million baht, which they would get.

b) On top of it, t o make an example surely they would be granted the right. to seize the property

3( What is it you do not understand: It was not intentional

 

????????

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15 minutes ago, MikeN said:

It’s a  Trinkism for explain anything weird and wonderful that happens here...”This Is Thailand”

 What, you don’t know what a Trinkism is ?

 You don’t know who Bernard Trink was ?

Thanks, I appreciate it. I looked up Bernard Trink and now understand!

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