The Foreclosure Minute Blog
By Pam Bailey, NeighborWorks America blogger
“Happily ever after” is one of those fairy-tale phrases that in real life, only applies to about 50 percent of marriages. That’s what Angela Hawthorne discovered, nine years after she and her husband moved into a house in Flossmoor, IL, with their two children.
Suddenly, Hawthorne found herself responsible for a mortgage on her own, on an income that had dropped precipitously when she took a leave of absence from her job as an underwriter for professional liability insurance to care for her ailing father. She attempted to negotiate with the lender directly and received a significant modification that gave her some breathing room --but for three months only.