Struggling with financial issues and mortgage payments is sadly becoming common in Colorado and elsewhere. One especially sad case involves a Cleveland family facing a holiday foreclosure on their home. The family is struggling financially to pay their bills and mortgage and is also facing serious medical expenses due to the wife's cerebral palsy diagnosis. The bank has taken foreclosure action against the homeowners of 20 years.
The action against them is likely to force them out of their home in January. The husband claims that the bank has been unwilling to work with the family to prevent the foreclosure. He lost his job as a computer technician and believes that even though he has a good lead on a new job, his case is too far gone for them to be able to salvage their home from the foreclosure.
Instead, the man urges everyone who is facing this type of action to become informed and seek out advice and information from experts when it comes to financial issues and home foreclosures. Numerous agencies offer workshops to help people in similar positions.
Anyone in Colorado who is experiencing financial troubles or paying their mortgage has the right to seek out assistance. A loan modification may be possible to save a home from foreclosure as well as other various avenues to help set people on the path to financial freedom. Speaking to someone knowledgeable about foreclosure can help homeowners struggling in a time of need and could possibly even save their homes.
Source: Newsnet5.com, "Cleveland family facing Christmas foreclosure urges others to fight for their homes," Joe Pagonakis, Dec. 19, 2011












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