ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Picking up the pieces after Foreclosure

Updated on August 14, 2011

Due to the downfall of the economy the housing market has been nightmare frenzy. The Real Estate market has plummeted leaving thousands of homeowners facing bankruptcy and or foreclosure; they are scrambling to find shelter in these difficult and trouble times.

Many of these people that have been forced to leave their homes at the drop of a hat are now displaced, and have entered the realm of homelessness. They have no resource or access to any available homes and the only options that are available to them are public shelters, the streets, or their cars, while they look for ways to survive and rebuild their lives.

Being in financial ruins and being displaced is not an easy thing; it’s a very traumatic and painful experience in ones life that can take them to the point of despair. When the devastation of foreclosure knocks on your front door and you are not financially prepare for what lays ahead of you, it can wipe you out like a giant tsunami.

Many stories have been written on the economic situations and the grueling details of people loosing their homes, but what about the aftermath of these people lives? Has anyone followed up on the families that have lost their homes to see how they are managing, as well as lending a hand?

I for one would like to know how they are doing and how they managed to survive, because it would be beneficial information to others going through the same situation and don’t know what to do.

How does one cope with such horrendous circumstances?

I find that Faith plays an important part in recovery of any kind. Faith in God will help you to face and bear the unbearable, when you think you can’t make another step or you can’t find a way out just trust God to see you through and he will.

How do you begin to put the pieces of your life back together again after loosing it all?

This is a very daunting process, especially when you have nothing to put the pieces back together with.

You must begin to put the past where it belongs and leave it there, I don’t care if it happen yesterday it’s still the past. It is not always easy but it is most definitely essential, letting go of the past is not always easy especially when there is a great loss; it is much like mourning a death. I find in most cases people have to take the time to mourn their loss before they are able to regroup and move forward.

You must also learn to change the way you think and look at things, in other words learn to think out side the box in order to widen your possibilities and maximize your potential.

If what you were doing was working for you then there would be no foreclosure, so you have to incorporate a new strategy in order to reach a place of success. Foreclosure might have knocked you down but it does not have to keep you down unless you let it, this is just a temporary state of being.

Take it one day at a time with a healthy and positive outlook; having the proper perspective will make a world of difference. This is a time for wise decisions so start by analyzing the situation as to where you are and what is available to you at the moment, then map out your options and formulate the best plan.

Some people might have the financial means to get back on their feet, but what about the rest who do not know where to go and what to do because they are financially challenged?

The first order of business is to find and secure a place to live, take advantage of all resources available to you and make the most of it. Governmental help is available such as Section 8 which offer housing assistance, Children & Families offer help with food, cash and medical assistance, non-profit organizations, churches, food pantry and other organization that offers help in the area of your needs.

These are some resources that I have found to be quite helpful.

If you are facing foreclosure and has not yet loss your property you may still have time to do something about it other than short sale or abandonment of property.

There is a program in Arizona called Housing Angels, they help people in foreclosure and remain in their homes. This program match people who is in foreclosure with an investor (Angels) who will buy the home from the homeowner and rent it back to them, with the goal being eventually the home would be sold back to the homeowners at a reduce cost.

For more information about this program you can visit their website at http://housingangels.com

Another Home Save program that is available to low income families is NACA – Neighborhood Assistant Corporation of America.

This program help homeowner fight to stay in their home and get their mortgage rate decrease as to better enable you to pay your mortgage comfortable. You can reach them via their website below for more information.

http://www.naca.com/index_main.jsp

Comments

    0 of 8192 characters used
    Post Comment

    • profile image

      in pain 

      6 years ago

      We are about to lose the house this summer. My husband lost his job. Unemployment is over.Bancrupcy filed. No health insurance. We are in our 50's with 2 adult disabled children. No future. I wouldn't wish this on anyone. Even low paying jobs are hard to get in our state. We can't live on 50-80 dollars a week which is our only income right now. We pray constantly. We'd love to move to another part of the country and can't afford to do that either. How can we pick up the pieces ? I don't want to sound so negative but pending homelessness is pretty scary. It's especially hard because we've always tried to help others. Even taking homeless kids in. Nobody seems to be able to help. Especially not the government.

    • Brinafr3sh profile image

      Brinafr3sh 

      6 years ago from West Coast, United States

      Hi Jagan, Going through a foreclosure does seem to be very difficult. But like you said, 'God will see them through.' It's great that there are programs that can help a family that has been through foreclosure (God bless programs that assist people to keep their homes). Voted up and useful.

    • jagandelight profile imageAUTHOR

      jagandelight 

      6 years ago from Florida

      Thank you Ms Dora for the read, I appreciate your nice comments.

    • MsDora profile image

      Dora Weithers 

      6 years ago from The Caribbean

      Your thoughtfulness comes through in your hub! Thanks for being so caring, and thanks for the helpful information.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)