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Debt Destroy

Over 2,000,000 American Families Will Lose Their Homes This Year Due To Foreclosure


beautyqueen26 Rep Points: 6,185
Posted on March 25, 2009 at 3:29 pm
Here's a scary and sad statistic that I learned today: This year, over 2,000,000 American families will lose their home due to foreclosure. I was watching CSpan and heard about this. Isn't that sad? How did the government let this happen? How can Americans forgo foreclosure and avoid losing their homes?  

beautyqueen26 Rep Points: 6,185
Posted on March 26, 2009 at 7:38 pm
Do you know someone who is facing foreclosure?  How are they dealing with it? Please share your own experience with foreclosure.

dicasayang Rep Points: 615
Posted on April 5, 2009 at 12:12 pm
i know

akwl Rep Points: 1,050
Posted on April 5, 2009 at 9:34 pm
where are they going to live in if they lose their homes?I thought they have already roll out a stimulus plan so why are people still losing their homes?why is the government not doing anything to help in times like these?

diamondrose1 Rep Points: 1,080
Posted on April 5, 2009 at 9:55 pm
Yes, it's a dreadful shame because for most people this is their only investment. They should be more stringent when they lend people money.

tekie.tony Rep Points: 735
Posted on April 6, 2009 at 7:37 am
this is really a terrible news. feel so sorry for them.

saizo6 Rep Points: 440
Posted on April 6, 2009 at 7:40 am
It's really sad.  I'm always seeing articles about a family losing their home in the papers.  Thankfully no one I personally know is in that situation.

divinchris Rep Points: 555
Posted on April 6, 2009 at 9:00 am
Its sad to hear.I hope soon the economy will turn back.Lets hope for the best.

apocalypsereturns Rep Points: 765
Posted on April 6, 2009 at 10:49 am
i dont know either  waht they can do is take care of their jobs and not give a reason for the employers to scrap their job.

beautyqueen26 Rep Points: 6,185
Posted on April 6, 2009 at 3:40 pm
Thanks to everyone for your comments. And, to Ruthep:  I'm glad you mentioned that you can keep your house with some types of bankruptsy, cause not many people know it.  Well, I will use this info if I'm ever in a situation of losing a home to foreclosure!  Thanks for that info.
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