Foreclosure rates in the US have jumped. We’re asking homeowners who have faced foreclosure to share their experiences
Norman Rousseau battled the wrongful foreclosure of his home for several tortured years. In May, he killed himself. His widow, Oriane, says that Norman “saw no way out.”
Sheila Ramos, a small business owner from Florida, now lives with her grandchildren in a tent in Hawaii.
“In America the foreclosure crisis roils on, devastating lives via a banking industry marked by such fraud and incompetence that five major banks – including Wells Fargo – earlier this year agreed a $25bn compensation settlement. The numbers tell a story of ongoing pain. In the first quarter of 2012 the foreclosure rate jumped in 26 out of the 50 largest American cities,” reports the Guardian’s Paul Harris in his recent story.
“There are still around two million homes with foreclosure filings in America, meaning millions of people will still likely lose their homes in the months ahead.”
As part of our people’s panel series, we are asking homeowners who have faced foreclosure in the U.S. to share their experiences with the Guardian.
What has it been like to face foreclosure month after month? How have you coped, and how has the financial stress affected your family and friends?
Please use this form to share your experiences. We will select entries for publication directly on the Guardian in a format like this. Use your best prose. Be as clear and concise as possible, and provide examples when possible. Should you have any questions or concerns, email Amanda Michel at email@example.com.
Originally posted on The Guardian