Woman facing foreclosure commits suicide

You may have seen this article about a woman who shot herself after faxing a letter to her mortgage company, but the tragedy of it haunts me.  The desperation and hopelessness people are feeling right now is tremendous.  There is an incredible amount of shame felt by individuals and families who are facing bankruptcy or foreclosure. 

Let’s put it in perspective!  How many times has Donald Trump filed bankruptcy?  Good trivia question.  

Corporate Bail-Outs

Corporate Bail-Outs

 How many financial institutions has the Federal Government bailed out to avoid the corporate version of ‘bankruptcy’ or ‘foreclosure?’  The list would be far too long for this blog entry.

As homeowners, please think of yourself as CEO of your family.  If you need to do a financial restructuring – that’s OK!  It is also part of the American way!  Just ask Congress.

There is life – and credit – and property ownership after foreclosure.    Your first option should be to talk to a consumer oriented attorney who can give you advise and support in terms of what options you may have.  A lawyer representing your interests can guide you, and represent you so that your foreclosure won’t be railroaded through without your consumer rights being protected.  Check out the links on my BlogRoll – my favorite resource is the Bankruptcy Law Network.

Save for your new home!

Save for your new home!

If there is no other option, then please save all the money you aren’t paying on your mortgage and get ready for the next phase of your life.  Corporations and LLC’s restructure and rename themselves all the time! 

Perhaps you can make it a family game – name your family “LLC” and start new!  Set some goals, watch “The Secret” and make a dream board.  It’s very powerful to visualize the next home you will be living in, and set some financial goals you and your family can start working towards.

Please, please realize that it’s only a building, and it’s only money.  There is help, and there is hope! 
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About Susanna "Susie" Kunkel, RA

With a belief that life is too short to not follow your dreams, Susie and her daughter became new Kauai residents in less than 4 months after visiting for the first time in 2000. She brings a wealth of information from her background in administrative, contract and paralegal work in a variety of industries including technology, investment banking, biotech and estate planning. As a Realtor, Susies's tenacious and technical approach have earned her a large group of extremely loyal clients. Susanna is a steadfast believer in "The Golden Rule", and applies it to her approach as a Realtor. "Each client and each property are unique, so it's important to me to listen intently to what my clients' goals are, and to make sure I go above and beyond to help meet them."
This entry was posted in America's Credit Crisis, Foreclosure Prevention, Housing market, Kauai foreclosures, Short Sales and tagged , , , , , , . Bookmark the permalink.

One Response to Woman facing foreclosure commits suicide

  1. Pingback: BadCreditForeclosure » Blog Archive » Woman facing foreclosure commits suicide

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