Wednesday, February 13, 2013

Elderly Spanish couple commits suicide over debts...

A retired Spanish couple has committed suicide after receiving an order to evict their home on the Mediterranean island of Mallorca due to unpaid debts.

Authorities said the 68-year-old man and the 67-year-old woman, who took an overdose of prescription drugs on Tuesday in their home, stated in a suicide note that they have killed themselves because they were unable to pay their debts and were soon going to be evicted.

Hours after the suicides, Spain’s parliament voted in favor of reviewing the country's tough mortgage and eviction laws. The legislation pending in the house would allow bankrupt homeowners to write off their debts by giving up their property. However, the discussions could last for months or even years before any amendments are made. Full story...

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