In an article written on Salon.com last week, Christy Corp-Minamiji wrote about the loss of her beautiful family home. It was a home she and her husband had worked hard on and were proud to call their own. When the foreclosure crisis first hit the country, Christy says she “shook her head at irresponsible Americans.” She never thought her family would be one of those who would be impacted by the downturn in the economy. But as it turns out large animal veterinarians are not immune to recession. While the real estate market collapsed her clients had to start cutting back. Her weekly income sank below that of a fast food employee. Debt had begun to be a problem since her maternity leave following the birth of her oldest daughter. Each subsequent maternity leave added to their debt. But they had always managed to survive one way or another. Then this year something changed. The debt became unmanageable. She asks herself whether it was the new water heater, the washer, the dryer, truck repairs, or school tuition that put the debt over the top and concludes it was impossible to trace the origin of the problem. In the end, like so many others there was no way to pay the bulk of their bills.
“That’s it, really,” Christy writes. “Someone loses a job, takes out a bad loan, falls ill, whatever. They can’t pay their debts. They lose their house, their home.”
She considers her family among the lucky ones since she and her husband have each other, are both employed and are both educated. Her family will withstand the loss of their home. “I am not belittling those who have no home; on the contrary, I have seen how little separates our fates.” She advises that you “use care when you ask yourself what sort of people could let a beautiful old place like that go to hell. Be careful, because this is the answer: people like you.”
If you have any questions or are considering filing bankruptcy please feel free to contact me. Kevin D. Heupel, Colorado Bankruptcy lawyer, 303-955-7570, COBankruptcyHelpEmail, free-consultation form. I will answer your questions without obligation. Remember, I am here to help.
