Dec 16, 2010

What is Financial Hardship?

A financial hardship is the inability to meet basic living expenses for goods and services necessary for the survival of the debtor and family. If you are facing financial hardship or anticipating a financial hardship, you are not alone. The following reasons account for 70% of all foreclosures nationwide:

- job loss / significant reduction in income
- disability
- divorce
- death of wage earner

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