distressed homeowner: Help! I can't make my house payment
- 08/17/11 06:12 AM
I have chatted and emailed with many many homeowners who are struggling to make their housepayment. Divorce, unemployement, reduction in working hours, the reasons for a decreased cash flow are numerous. A friend once told me, this is like lying in quicksand. If you fight and flap your arms and legs around, you will certainly drown. If you lie still, listen and plan carefully, you can survive. When talking to distressed homeowners, the emotions they are going thru are very similar to mourning. Disbelief, Yearning or Bargaining, Anger, Depression and then finally, maybe, Acceptance. Even tho these stages will progress naturally over a (2 comments)