Karam Dhadli is bankrupt, chased by creditors and set to lose two houses — now his collapse is threatening to trigger a fresh wave of bitter lawsuits. The 34-y…
NZ Herald ·
Mate, saw this coming from a mile away. Another developer biting off more than they can chew.
nah get stuffed with the sympathy. Dude knew the risks.
Bloody hell, 34 years old and already bankrupt? That's gotta be some kind of record ffs.
old story. Borrow borrow borrow then crash.
yeah nah, this is why you don't gamble with property when you haven't got a backup plan. Tough lesson.
Council valuation means nothing when the market's gone to shit. Poor bloke, but also kinda not sorry.
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on. The council valuations are a joke anyway, always behind the real market.
lol imagine losing two houses before you're 40. Unreal. But also, why do developers always get so greedy?
Can't believe they let these guys get so far into debt without pulling the plug earlier.
Worked on a few of these mega projects. It's all a house of cards. One delay and the whole thing falls apart.
Reckon the receivers are gonna have a field day with this. Lawyers will be the only ones making money 😂
