Wed, 10/29/2008 - 1:50pm

Is there a way to get anymore information on the outcome of the situation? Did they lose their homes in the end? what loans are being referred to in paragraph 9, the 220,000.00 did they steal their identity and have loans in their names, or did they use the home to get loans? I actually am in a foreclosure situation and have a company that I have been talking to for about 2 months that offer this program. What should I do to report them and put a stop before they get someone else?

Thu, 07/03/2008 - 10:16pm

is someone handling the sale of the house and if so can one take a tour of the house on line. My heart goes out to this woman after all thoughs years. God Bless to her and prayers for new life which she can afford.

Thu, 07/03/2008 - 9:25am

if it was her grandmother's home then why was there still a mortgage on it? HELOC? refi? what happened to that $$?

Thu, 07/03/2008 - 8:20am

She's declared bankruptcy more than once... has not found a job since being fired from the casino... tried to sell the house with this awful housing market. Why didn't she try to sell sooner, like when she lost her job April 2007... or perhaps try to find a job because everyone knows unemployment only helps you while you are temporarily without a job, it is not a permanent fix. I have a hard time feeling badly for someone who cannot manage their money (remember this is not the first time she had money problems bad enough to file bankruptcy)... they want to blame everyone else ("I lost my job", "The mortgage was too high"), you signed for the mortgage, you should have read thoroughly to understand what you were getting into.

Thu, 07/03/2008 - 7:05am

REVERSE MORTGAGE

Thu, 07/03/2008 - 6:31am

ok so she has been in bankruptcy before...she probably took out the mortgage to pay off credit cards which she then continued to use....probably borrowed money above and beyond her credit card debt...I am sure Ms. Kruk is a wonderful lady but she is bad with money....i empathize with all of those in her position but why are people no longer accountable for the decisions they make?

Thu, 07/03/2008 - 6:28am

This article just goes to show how many people are just one decent paying job away from foreclosure and losing everything. Times are tough. Businessess and government are downsizing and laying off employees; situations like this will become even more frequent, especially in Cape May County where there is little employment opportunity to begin with.

Thu, 07/03/2008 - 4:28am

It's sad to see so many people losing their home to foreclosure. Foreclosure can be due to various reasons such as sub prime crisis, losing job, non affordable house with huge mortgage payment etc., but Ignoring foreclosure in the initial stages & assuming it's not going to affect you will only diminish the chance of not only closing the many options of avoiding foreclosure but also makes you panic & frustrated to make any wrong decisions
It's sad to see so many people loosing their dream home to foreclosure. Foreclosure is like a nightmare & it is something that can happen to anybody. First thing that comes to your mind is 'where am I going to live if my house is foreclosed' & you feel so unsecured that one loses all hopes in life. But this when one should to be optimistic & look for other options which can help you to prevent foreclosure.
There are several options to get you out of foreclosure and protect your credit history as discussed in this article. Loan Modification, Forbearance Agreement, Deed in Lieu and a short sale are some of the techniques used to save your home. Time is definitely not your friend in this situation. Each day that passes makes it that much harder to get a work out agreement with your lender that you can live with.
Find here more articles related to stopping foreclosure
http://www.mortgagebuyerbasics.com/foreclosure-assistance-solutions

Wed, 07/02/2008 - 10:33pm

Perhaps women young and old should pick up a couple of Suze Ormann books from the library.

Wed, 07/02/2008 - 11:31am

This article should serve as a warning to other single women who are older, that no one cares about us or if we have hit hard times, no matter how temporary. We cannot find homes or at least affordable ones here in Cape May County if we work here, we are victimized by deadbeat landlords who don't care for their properties yet raise the rents to unaffordable rates. Where are our affordable 55+ communities like they have in Cumberland and Glouster Counties? They can build them here, what about Woodbine, lots of open space for a nice community. I know I can't afford a 30+ mile commute.

Wed, 07/02/2008 - 11:17am

Great article. Thanks.

Why don't you consider how rising taxes is contributing to people being unable to keep their homes or sell them while our local elected officials can't spend money fast enough.