A work injury sustained in September of 2006 set off a chain of events for a Farmington resident which led to physical pain, job loss, a court case, and now the eventual loss of his home. An interesting story for the holidays based in the South Metro. This individual has setup a website where he narrates and documents his story from beginning to end and shares his trials and tribulations which you can read here: http://www.becauseimfat.com. An interesting read to say the least… From the website:
I created this site for a few reasons. Today I read a article in the Star Tribune about how Minnesota foreclosures is the highest in the region. What bothered me was some of the comments following the article.
“Too many people in the state are dependent on and so used to MN social programs giving them everything they ask for, they naturally thought the legislature would also cover the house payments for them”
“Wouldn’t it be nice if everyone paid their bills? Lots of people walked away from mortgages in MN — and the law allows you to just walk away from the debt if you are willing to give up your house.”
My house is up for Foreclosure December 18th. Yes I have to move out dead of winter and the week before Christmas.
I do have Personal Responsibility. I signed a contract. I am failing to meet that contract. The concern and issue I have is the failure to realize and see change and react to it.
The bank has every right to take my house the week before Christmas. There they will put it on the market for around $90,000 (after I got it for $154,000 back in 2005. Based on other town homes like mine they might be lucky to get a offer around $80,000 6-7 months from now. Was it worth it?
My point is that were living in different times. The Usual answer does not work.
Looking through the story as he tells it, the court’s decision (which, in short, says that NWA’s doctor was wrong), and the future as it is currently laid out for this guy, I can only feel sorry for him and wish that there was something more I could do. I mean at what point do we stop to take a look at what’s going on and say it’s not every single homeowner’s fault for the mortgage collapse?
So after reading his story via his website, please go ahead and comment on with what you think. I’m really interested in your thoughts on this one–especially in light of the holidays. Has this guy gotten what he deserves or is this nothing more than a calculated attempt a company to fire someone who was overweight–as the author claims? Whatever you think go ahead and comment on as I’d love to hear what you have to say.
Happy Thanksgiving everyone!