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Unemployed homeowner...

Date: Fri, 07/09/2010 - 10:36

Submitted by Maxwell
on Fri, 07/09/2010 - 10:36

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Total Replies: 2


I was recently laid off and I have been approved for unemployment benefits, however, it is 1/4 of my salary. My question is, can I get a loan to cover my bills until I get another job? I own a house and I am not behind on the mortgage, yet... Its worth a lot more than I owe, but I took out a home improvement loan two years ago.


that is how many of us got into trouble......out of work and then obtained credit to cover us until we got another job etc.....So, i would try to cut expenses to the bone. Ask creditors for hardship programs and get a roommate if possible. Try everything and anything to lower your costs and bring in extra $$$ so that you don't end up losing the home you worked so hard for. For me, I brought my mother home to live when my husband's business went under. My husband did not want to do this at first...now with him out of work, she is his best buddy!!! Believe it or not.....it was the best decision for her and for us....We really enjoy her and she is enjoying being here and she has Alzheimers!!! So there can be blessings in the middle of chaos and difficulties if we can find them....


lrhall41

Submitted by on Sat, 07/10/2010 - 07:50

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