A FRIEND IN NEED:The 96-year-old’s neighbor became worried after the couple found out about the foreclosure on their home and started talking about suicide
Taipei Times
Date: Sep 13, 2016
By: Tsai Ching-huaand William Hetherington / Staff reporter, with staff writer
The neighbor of a 96-year-old veteran in Kaohsiung has bought back the man’s home after it went
A man surnamed Chang, left, and his visually impaired wife talk to reporters in their home in Kaohsiung on Friday last week. Photo: Tsai Ching-hua, Taipei Times
into foreclosure, saving the man and his visually impaired wife from homelessness.
The man, surnamed Chang (張), said his 42-year-old daughter does not work regularly due to her drug addiction and that he and his wife barely see her. Chang said his daughter took out a mortgage without his knowledge and did not make the payments, which he only found out about when the bank delivered a foreclosure notice to his house.
Fearing Chang and his wife would be left homeless, neighbors collected more than NT$3 million (US$94,589) from friends and relatives to buy back the house.
Lu Wei-jun (呂緯濬) of the Kaohsiung Police Department’s Fongshan Precinct said he received a report from the local branch of KGI Bank saying that an elderly man was looking to withdraw his savings to buy back a foreclosed home. Lu said that at the time he believed it was a case of attempted fraud. [FULLSTORY]