Man loses mortgaged home, commits suicide

A man in Kragujevac, central Serbia, on Wednesday committed suicide as court bailiffs were taking over his house, after he was unable to repay his bank loan.

Izvor: Beta

Wednesday, 01.02.2012.

15:31

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A man in Kragujevac, central Serbia, on Wednesday committed suicide as court bailiffs were taking over his house, after he was unable to repay his bank loan. The man, identified with his initials as M.S., was the owner of a private company, and the building served as his family home and company offices, said reports. Man loses mortgaged home, commits suicide The 58-year-old went to another room as court officials were inside the house to complete the takeover and evict his family, and shot himself from a registered pistol he owned. His wife was also in the house when the incident happened, while his daughter is said to have fallen ill and is now treated in the hospital. When the family failed to meet their loan obligations, the house was sold in an auction for a sum seven times less than its real value, said their lawyer Tatomir Lekovic. The buyer was "a man from Belgrade with suspicious capital, who owns gas stations". "The family were due to move out today and they rented an apartment. They pleaded with this tycoon to postpone the date for their eviction until after the extremely cold weather passed, but he did not accept that," Lekovic told reporters. Previously, the Basic Court in Kragujevac issued a request for police assistance in evicting M.S. and his family. Police are seen in front of the house Beta

Man loses mortgaged home, commits suicide

The 58-year-old went to another room as court officials were inside the house to complete the takeover and evict his family, and shot himself from a registered pistol he owned.

His wife was also in the house when the incident happened, while his daughter is said to have fallen ill and is now treated in the hospital.

When the family failed to meet their loan obligations, the house was sold in an auction for a sum seven times less than its real value, said their lawyer Tatomir Leković.

The buyer was "a man from Belgrade with suspicious capital, who owns gas stations".

"The family were due to move out today and they rented an apartment. They pleaded with this tycoon to postpone the date for their eviction until after the extremely cold weather passed, but he did not accept that," Leković told reporters.

Previously, the Basic Court in Kragujevac issued a request for police assistance in evicting M.S. and his family.

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