Published On: Wed, Sep 26th, 2018

Mortgage debt in 17 years from 50 to 450,000 guilders

FKPWILLEMSTAD - For 17 years a family did not pay their mortgage, but now they really have to leave their house. They had borrowed 53,000 guilders in 1984 and monthly they had to pay 500 guilders.

But in 2001 they stopped paying. The debt has now risen to 450,000 guilders.

The judge ruled in favor of mortgage provider FKP but said that the payment arrears could have been tackled with more vigor. The auction of the house has already taken place.

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