Banks driving people to suicide

Originally posted by 5corpio
Banks driving people to suicide

One of Ireland's most senior high court officials has spoken out about banks hounding people over debt, some of which has already been written off
The high price of Ireland's deep recession was centre stage today after the master of the high court gave voice to a taboo subject and said banks were driving some borrowers who couldn't repay their debt to "suicide".

Edmund Honohan said some banks who were "cheerleaders of the Celtic Tiger" were "reverting to type" and pursuing people to the "bitter end" even when they had no money.

In an extraordinary intervention, he said the "new debt set" have legal rights but some are made to feel like "outlaws".

His remarks come just a fortnight after figures showed that one of the country's biggest suicide crisis centres, Pieta House, treated 1,063 last year, almost a third more than it did last year.

Joan Freeman, founder and chief executive of the centre, said the recession was creating a sense of despair in the country – with less money and few jobs having a ripple effect on people'.......Read more HERE