Homeowner Nearly Devastated as Major Bank Pursues House Seizure Despite Zero Debt Balance
A Chaiyaphum homeowner received a house seizure notice despite having fully paid off his 418,140-baht mortgage to Bank for Agriculture and Cooperatives, with documentation confirming zero debt balance. He is demanding the bank investigate t
On May 12, 2025, a 55-year-old homeowner from Ban Phontong in Muang District, Chaiyaphum Province (name withheld upon request) approached media outlets with documents after receiving a property seizure notice from Chaiyaphum Provincial Enforcement Office dated May 8, 2025. He maintains that he has completely paid off his mortgage with Bank for Agriculture and Cooperatives' Chaiyaphum branch, with zero balance remaining.
The documents he presented include enforcement office notices from both 2024 and 2025, along with a payment receipt from the bank confirming that the outstanding debt of 418,140 baht has been paid in full.
According to the seizure notice, the enforcement officer has seized titled land and a residential house in Phontong Subdistrict, Muang District, valued at approximately 418,140 baht, with a dispute mediation hearing scheduled for June 4, 2025 at the Chaiyaphum Provincial Enforcement Office.
The homeowner explained that he mortgaged the property with the bank over 10 years ago, paying approximately 4,000 baht monthly until he faced payment difficulties during the COVID-19 pandemic. After mediation between the bank and enforcement office in 2024, he agreed to settle the outstanding balance within the specified period.
On May 8, 2024, he brought 418,140 baht plus all associated fees to pay off the loan at the bank and received documentation confirming zero debt. However, he recently received another seizure notice, causing him alarm and concern about losing his family home.
The homeowner stated he visited both the bank and enforcement office seeking clarification but received no clear explanation. He questioned the responsibility of the agencies involved, worried about potential damage to his credit bureau record, family reputation, and trustworthiness.
He is demanding that Bank for Agriculture and Cooperatives investigate the matter, correct the records promptly, and prevent similar incidents from affecting other citizens.
