When mum and dad's bank goes wrong: son attacks cameraman when he is confronted with an unpaid mortgage on the house that his & # 39; broken heart & # 39; mother helped buy for his eight year old family
- Janice Lang and her husband agreed to help their son and his wife buy a house
- But now the couple – with seven children – are failing their repayments
- Ms. Lang says she & # 39; heartbroken & # 39; is afraid that she will lose her house
A distraught grandmother could lose her house after her son and his wife stopped paying back the property she helped buy.
Janice Lang and her husband agreed to help their son Brenton and his wife Johanna to buy a house in Adelaide for their growing brood of seven more than five years ago.
& # 39; The Australian dream is to own your own home, we wanted to give that dream to our son, & # 39; she explained to A Current Affair on Monday evening.
& # 39; The original loan was for $ 210,000.
Footage shows how Brenton (photo) chases the man before he throws his camera on the ground and ensures that the man also falls to the ground
& # 39; You would expect that to be less now, but because they have missed so many repayments, they have gone the other way. They now owe $ 240,000 – which is more than worth the house. & # 39;
What does & # 39; guarantee go & # 39 ;?
If a lender is not willing to give a loan to a person, he can ask for a guarantee.
If you sign a guarantee for a friend or family member, you are known as the & # 39; guarantor & # 39; of the loan.
You essentially agree that the person will be able to cover the cost of the loan and if they do not, you say that you will repay the bank.
The self-described & # 39; private & # 39; grandparents turned to the program to broadcast their family drama after they had exhausted all other ways to earn their money back, and said the whole messy situation them & # 39; deeply saddened & # 39;
& # 39; He has broken my heart, & # 39; a long-eyed Mrs. Lang explained.
When A Current Affair confronted Brenton at home, the seven-year-old father lashed out at reporters, threatened to call the police, and physically attacked a cameraman.
Footage shows how Brenton chases the man before he throws his camera on the floor.
The relationship remains tense as the couple continues to default on their loans, which makes Mrs. Lang afraid she might lose her house.
Mrs Lang and her husband have chosen to act as guarantor for their son's loan – which means that they are legally obliged to cover the costs if Brenton cannot.
& # 39; We were married here, we buried pets here, we had so much fun here as a family, we just love it and we work hard for it, & # 39; she said.
She believes that her son will only be satisfied if he sends them bankrupt.
& # 39; We love our children, we want to help them, but parents need to know that this is not the way. You ruined this way, & she said.
When A Current Affair confronted Brenton at his home, the father of seven called on reporters, threatened to call the police, and physically attacked a cameraman
The self-known & # 39; private & # 39; grandparents turned to the broadcast program to broadcast their family drama after they had exhausted all other ways to earn their money back, and said the whole messy situation saddled them & # 39; has left behind
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