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Old 10-08-2008, 09:24 PM   #5 (permalink)
nblair70
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Re: The Emotional Side of Foreclosure

I read this story when it first broke, and it broke my heart then and it still breaks my heart now.

But it happens all the time...the elderly being taken advantage of...even before the mortgage crisis - it was something else.

As Dan said, where are you going to tell a 90 year old woman were to go? What life is she going to have after they take her home? Why did it take her shooting herself before someone stepped in and did something?

I read another story of a woman in Boston who killed herself (I think she also shot herself) when she was being foreclosed on. The worst part was her husband had no idea - she took care of all the bills.

Unfortunately I understand those emotions. When I first found out how bad things were, I thought "I have life insurance, it will take care of the back payments". Luckily I found this forum first...otherwise you may have been reading a story about me too.

Through all of our stories, I have seen I am not alone. That I can have life after foreclosure and that everything will work out exactly as it is supposed to. My kids have been great too, they are teenagers - so when they heard me/saw me crying I didn't keep the truth from them. I told them we are doing everything we can to fix it, but we might loose the house. They both were somewhat upset, but as long as we are together - that is what matters to them. My daughter even told me tonight she wouldn't mind moving to an apartment because then maybe we would have more money and she could buy clothes. (she has pleanty of clothes, she just would like to be able to shop at AE all the time..)

So I keep the faith, keep holding on, hope to get a loan mod before they drag my butt out of my house in the snow. But if it comes to that, I know I will be okay. Somehow.
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