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« More Photos from July 10th 2011

Photo detail

Published: July 10, 2011

In this Thursday June 16, 2011 photo protesters celebrate after succeeding in stopping the eviction of a man who can't pay his home loan in Parla on the outskirts of Madrid. As in many European countries, Spanish mortgages are not like US-style ones in which defaulters can return the keys to the bank and walk away from their debt, albeit with their credit rating in ruins. Here, mortgage holders not only have to give the house back, but also pay off bank debt. If they cannot, upon their death it is passed on to their children. (AP Photo/Paul White)

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