Nightmare almost over for couple as bank agrees to help family

13 Jan 2017 / 15:44 H.

PETALING JAYA: An amicable solution was reached by a bank and a couple who have had to live with the nightmare of having their house auctioned off for the past three years.
The wife, who has refused to reveal her name and only wants to be known as Nor, 42, said that for the past three years, they have been living in uncertainty.
Due to defaults in their bank loan repayment, the house, which is in Subang 2 near Shah Alam, had been put up for auction and to compound matters, her husband who had lost his job was also declared bankrupt.
The Muslim Consumers Association of Malaysia (PPIM) have come to their aid since then and have now successfully intervened with the bank to ease the couple's burden.
Affin Bank Sdn Bhd, which provided the loan, has agreed to annul their bankruptcy status and let them keep the house for now, till a payment structure can be sorted out.
"Now I am happy, but I am still waiting for black and white from the bank," said Nor.
Nor's saga became viral on social media when a good Samaritan who had won the bid for the house at an auction decided to forgo their deposit of RM44,500 when he realised that Nor's family was still living there.
Lee Hui Sen also wrote a letter to the family advising them on how they could make payments to keep the house.
Nor also revealed that the bank had made five previous attempts to auction off their house since 2014 but all had failed, Lee had won the fourth auction.
Muslim Consumers Association of Malaysia (PPIM) president Datuk Nadzim Johan said that the fifth auction since Lee's kind act had been canceled by the bank following negotiations with PPIM.
"The bank has agreed to provide loans so that the house payments can be made and we are now waiting for Affin to annul their bankruptcy status," he said.
Nor and her husband are living there with their two children and they run their own business.

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