Bank Foreclosures

Earthquakes, tornados, hurricanes and medical trauma are all things that can cause havoc in peoples lives. These are things that when we look at someone that has survived it we feel sorry for them and wonder how they made it though and then we see news stories on television about them. We hear the trials and tribulations of the family and how they overcame adversity and yet managed to come out on top. People take up collections to raise money to help them get by and the Red Cross may come and help them. They may be badly bruised and scarred but still survivors.

Why then when we hear about a family who has lost a home to one of the thousands of bank foreclosures in today’s rapidly failing economy do we just look at them with part pity and part disgust? Losing a home may well have not been of their doing but just an uncontrollable series of events like the above named disasters.

The wife may have been a stay at home mom and the husband may have been hurt at his job working for a company that will fight against paying him any form of disability and they were already strapped to the maximum from trying to make ends meet and care for the kids and keep them in school supplies. They were just barely making it from paycheck to paycheck and now they have to rely on credit cards to survive until the credit runs out and then when they are unable to make the mortgage and the house joins the rank of the bank foreclosures.

Why is it that these people are treated like second-class citizens and talked about and yet no organizations offer to help them. No television reporters come and shoot a story for the five o’clock new show on them.

Do you think that there are going through any less of a disaster? Have there lives been torn apart any less than the people that have survived the F-5 tornado that leveled the home but spared their lives? Is it possible that the small children cry any less at night because the one stable constant in their young lives, the family home, is no longer where they live?

I think you have to agree that a bank foreclosure can be every bit as much of a disaster as the other things. And since a huge portion of the financial issues hat have to do with the banking and mortgage industry have been done by someone other than the affected parties it should be just as newsworthy. It should be just as relevant to getting assistance as any of the other disasters and yet people talk down their noses about them. One or two may say it was a shame bout them, that they seemed like such a nice family. But at the end of the day to the rest of the world it was just another bank foreclosure and this one will be forgotten and replaced by another tomorrow.