Friday, June 10, 2011

What to expect AFTER you walk away



I love the phrase "you walk away." It's less lyrical than "jingle mail," which is what you send to the bank before walking away.

Wait. I think we need some musical accompaniment. That's better.

Okay. So, this is a blog about what happens after you lose your home to foreclosure.

There are thousands of websites, blogs, and organizations dedicated to helping you stay in the home you love but can't afford. There are even some whose aim is to guide you through the foreclosure process. But after? Mostly you are on your own.

I have a problem with this, because I think few people can visualize what happens after. And if you can't visualize what happens after, then you're much less likely to take the steps that may be needed to get on with your life.

There aren't a lot of movies that end with bad things happening to good people. Movies end with good triumphant over evil, and bad people getting what they deserve. But real life isn't like that. Good people get screwed all the time. And they have no choice but to make tough decisions between a bad option and a worse one.

The foreclosure crisis is happening all around us to good people (and schmucks, criminals, the unwise, the unlucky--you get the point). And it will go on happening for years to come. This is a slow-motion disaster.

I want to give people going through this process hope that their tomorrow might be brighter than their today. To offer insight to their friends and family into their state of mind. And to give the media and outside observers a heads up: you people are largely missing the boat. But then, what else is new?

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