By Erin Johnson ofPhoto: ABIGAIL DOUGHERTY / STUFFA West Auckland homeowner fears he is backed into a corner and facing bankruptcy due to Auckland Council's storm recovery scheme. Alex Young and his fiancée bought their West Auckland property at the height of the market in late 2021. Young fears the bank will recall the home loan, which will put him into bankruptcy, on top of losing his home. Chair of community group, West Auckland Is Flooding, Lyall Carter estimates there are around 10-15 homeowners in urban West Auckland who will find themselves in a negative equity position after the buyout process is complete. Auckland Council's group recovery manager, Mat Tucker, said the recovery office is aware of people in hundreds of different situations.
