Woman kills herself to save family from forclosure

[Cheeto]

http://www.time.com/time/nation/article ... topstories (http://www.time.com/time/nation/article/0,8599,1826009,00.html?xid=rss-topstories)

Wow, I'm not sure if it's symptomatic of the times or just a horrible, hopefully unique situation.

Personally I think it's the former, and situations of people in desperate situations due to forclosures and collapsing banks is going to get worse still.

[Maxey]

Damn, that sucks.

[Rob]

I'm going to go the other way and say this isn't symptomatic of the times. Just another knob who couldn't deal with life.

I'm a big fan of amor fati--love life in all its circumstances; whether good or ill. Everything contributes to your life and makes you who you are, and thus all things that happen to you are necessarily good things.

[Penguin]

http://www.time.com/time/nation/article/0,8599,1826009,00.html?xid=rss-topstories

Wow, I'm not sure if it's symptomatic of the times or just a horrible, hopefully unique situation.

Personally I think it's the former, and situations of people in desperate situations due to forclosures and collapsing banks is going to get worse still.
I think it's the latter, although it's not all that unique.

Suicide over financial distress is hardly unique, especially since this woman had hidden their financial troubles from her husband. The short of it is that she backed herself into a corner, both financially and in her relationship with her family (would YOU be able to admit to your spouse that you'd been keeping the fact that you're about to lose your house from them until the last second?) and took the only way out she saw.

[Guy Montag]

"O'Berg also said a suicide note found next to Balderrama told her husband, John, and 24-year-old son to "take the (life) insurance money and pay for the house."

Wonder if she did the research to make sure her life insurance would cover her suicide.

[Cheeto]

"O'Berg also said a suicide note found next to Balderrama told her husband, John, and 24-year-old son to "take the (life) insurance money and pay for the house."

Wonder if she did the research to make sure her life insurance would cover her suicide.
Or whether or not her policy would pay out for a suicide.

[Guy Montag]

Uh, what did you think I was talking about?

[Cheeto]

Uh, what did you think I was talking about?
Err, sorry, I misread it. For some reason I thought you said "whether or not her life insurance would cover the cost of the house."

I dunno where that came from.

[Puddle]

The Mortgage companies in the us realy fucked up on this. They gave many a loan to a "High Risk" recipient. All to make more sales. In the long run the family was not realy informed on the burdons and this would not have happened if they cared. Now they walk in and evict people sometimes with 2 weeks notice. It's a shame but the housing section in the us market is now suffering on account of these shady loans.

Atleast they got thier commission eh.
>:(

[Burris]

They're gonna give it to htem out of sympathy but that would definitely be insurance fraud, and this shit is NOT covered by any life insurance plan I know.

[Sonic]

I believe this is a way to weed out some unstable people. I agree with Rob on this one. If
she's the unstable type who would hide something from her husband (therefore blocking any
attempt of actually saving their finances) and be dumb enough to not realize suicide doesn't
pay, maybe the world won't miss her, though her family will.

[Burris]

The Mortgage companies in the us realy fucked up on this. They gave many a loan to a "High Risk" recipient. All to make more sales. In the long run the family was not realy informed on the burdons and this would not have happened if they cared. Now they walk in and evict people sometimes with 2 weeks notice. It's a shame but the housing section in the us market is now suffering on account of these shady loans.

Atleast they got thier commission eh.
>:(

No, the irresponsible people willing to mortgage their house to live beyond their means are the ones who fucked up this country. There's so many people in my area with 4 story houses (Literally, mansions) with 97 explorers outside the house because they're living well beyond what they should.

[Puddle]

The Mortgage companies in the us realy fucked up on this. They gave many a loan to a "High Risk" recipient. All to make more sales. In the long run the family was not realy informed on the burdons and this would not have happened if they cared. Now they walk in and evict people sometimes with 2 weeks notice. It's a shame but the housing section in the us market is now suffering on account of these shady loans.

Atleast they got thier commission eh.
>:(

No, the irresponsible people willing to mortgage their house to live beyond their means are the ones who fucked up this country. There's so many people in my area with 4 story houses (Literally, mansions) with 97 explorers outside the house because they're living well beyond what they should.

Sounds like these so called Real Estate agents here that are getting shot left right an center. Oh and they are allways "Very Kind people."
:orly:

[Rob]

The Mortgage companies in the us realy fucked up on this. They gave many a loan to a "High Risk" recipient. All to make more sales. In the long run the family was not realy informed on the burdons and this would not have happened if they cared. Now they walk in and evict people sometimes with 2 weeks notice. It's a shame but the housing section in the us market is now suffering on account of these shady loans.

Atleast they got thier commission eh.
>:(

No, the irresponsible people willing to mortgage their house to live beyond their means are the ones who fucked up this country. There's so many people in my area with 4 story houses (Literally, mansions) with 97 explorers outside the house because they're living well beyond what they should.

/agrees
//looks to see if hell has frozen over

[Cheeto]

No, the irresponsible people willing to mortgage their house to live beyond their means are the ones who fucked up this country. There's so many people in my area with 4 story houses (Literally, mansions) with 97 explorers outside the house because they're living well beyond what they should.

/agrees
//looks to see if hell has frozen over
You've been infected by Burris. I have to kill you now.

/me loads his shotgun

[Leomhann]

This story sounds like seppuku to pay rent and get out of a self made corner....it just sounds a little extreme to me. Blame the hobo

Do the Gods still accept blood sacrifices or is it all charge?

[Puddle]

There are many people who live beyond thier means. I've been known to over do it with ebay and paypal. However there is a big difference between accepting high risk loan clients and people going overbord on credit. You see this all over and even here in canada it is coming back to haunt us. We have a housing boom and people want to own thir own place. God knows I would. But giving a $500,000 mortguage to a person or family that makes 40 grand a year is a high risk loan. See in the past the banks would just forclose on the property and considering property values usually go up. They make a profit off the transaction anyway.

Not the case right now.

[Burris]

What could one possibly need from a 500,000 dollar mortgage? Gotta pay off the 4 cars, massive house bills, and allt hat other crap from their mini mansions?

[Puddle]

What could one possibly need from a 500,000 dollar mortgage? Gotta pay off the 4 cars, massive house bills, and allt hat other crap from their mini mansions?

Well a large house here is $500,00. So if you have a family of 4 that's probly the ammount you'd be looking at. Many of these people used thir life savings to get the loan. So they have sweet fuck all to fall back on. I get credit card applications every month in the mail. I was just offered a $10,000 line of credit.

It can be real easy to fall into the credit black hole and have it eat you alive.

[Leomhann]

What could one possibly need from a 500,000 dollar mortgage? Gotta pay off the 4 cars, massive house bills, and allt hat other crap from their mini mansions?
In some places a 500k mortgage will get you a 2000 sq. foot hole in the wall.

[Cheeto]

What could one possibly need from a 500,000 dollar mortgage? Gotta pay off the 4 cars, massive house bills, and allt hat other crap from their mini mansions?
In some places a 500k mortgage will get you a 2000 sq. foot hole in the wall.
I think it might be best to move out of those places...

[Leomhann]

aka, parts of california

[Puddle]

What could one possibly need from a 500,000 dollar mortgage? Gotta pay off the 4 cars, massive house bills, and allt hat other crap from their mini mansions?
In some places a 500k mortgage will get you a 2000 sq. foot hole in the wall.
I think it might be best to move out of those places...

There's a small town I grew up here in BC. About 12,000 population. 3 years ago they started to plan an expansion of the ski hill. A house worth $100,000 is now worth $300,000. An Apartment that was $200 is now $7-800. A rancher that was $650 is now $2000 to rent. There is no change at all in the available work for the non tourists. But the rich folk are snaggin up property left right and center, just to spend a few months ski'n and snowmobiling. Most of the people I know want to move. If you make $15.00/hour you can't support a small family. Before you could. The rich get everything and the middle class get fucked.
Also the cocain sitution is out of control there now.
I'm so glad I never got stuck in that town. I'd either be dead or in jail.

[Leomhann]

The rich seem to be the plague of the earth. Where they go, inflation, drugs, and crime follow. Generally speaking anyways, theres of course the poor people who refuse to work and just want to cause trouble.

[Burris]

What?

The wealthiest communities in my state at the safest.

Rural poor communities have huge meth problems and the people are generally not very law abiding. You have it totally mixed up.

[Leomhann]

Around here, rich or poor, you're gonna have problems one way or another. The way it seems to trend to me, it all depends on where they come from. The places I've had the least problem though, are the small rural communities that aren't even on the maps where the people are still pretty well old school. No influx of anything.

[Cheeto]

Around here, rich or poor, you're gonna have problems one way or another. The way it seems to trend to me, it all depends on where they come from. The places I've had the least problem though, are the small rural communities that aren't even on the maps where the people are still pretty well old school. No influx of anything.
I've found if you play by their rules, no matter how stupid, you can usually enjoy a small town. But a lot of em if you're even a little bit 'odd' then they make you feel very unwelcome.

Course with rich people if you're not rich you're usually not worth it. Also based on personal experience, including with family members.

[Leomhann]

Around here, rich or poor, you're gonna have problems one way or another. The way it seems to trend to me, it all depends on where they come from. The places I've had the least problem though, are the small rural communities that aren't even on the maps where the people are still pretty well old school. No influx of anything.
I've found if you play by their rules, no matter how stupid, you can usually enjoy a small town. But a lot of em if you're even a little bit 'odd' then they make you feel very unwelcome.

Course with rich people if you're not rich you're usually not worth it. Also based on personal experience, including with family members.
Based on my experience, i agree with the rich people part. But all the small towns I've been to have been open and inviting even with some oddities. Its the cities that are closed off and suspecting.

[Puddle]

Remember that rich people are gods. We should worsheip them and give them our first borns as slaves. Don't rattle your sheeps pen. Be a nice sheep and give up your wool. Since we must be complacent. Don't rock the boat. Let's all get some crack and have a party! :D

[Burris]

I don't get why there's such an aversion to being rich, or when people say "Oh man you're rich" people's reaction is "NO WAY I'M NOT RICH"

There's nothing wrong with having money.

[Puddle]

I don't get why there's such an aversion to being rich, or when people say "Oh man you're rich" people's reaction is "NO WAY I'M NOT RICH"

There's nothing wrong with having money.

Lend me $20 for a rock thir Burris?
I make Ok moola but there are some ahole rich fucks here who think cus they got the dough they should run the show?

[Koobazaur]

The rich seem to be the plague of the earth.


Rural poor communities have huge meth problems and the people are generally not very law abiding.

Rich people suck. Poor people suck.

Do you see the common link yet?

[Leomhann]

The rich seem to be the plague of the earth.


Rural poor communities have huge meth problems and the people are generally not very law abiding.

Rich people suck. Poor people suck.

Do you see the common link yet?
Translation, working class rules?

[Cheeto]

The rich seem to be the plague of the earth.


Rural poor communities have huge meth problems and the people are generally not very law abiding.

Rich people suck. Poor people suck.

Do you see the common link yet?
Translation, working class rules?
That sounds communist. YOU DIRTY RED!

/me goes McCarthy on Leomhann

[Latzen]

Average price for a two bedroom starter home in LA here is 300k.

But, seriously, caveat emptor. You should learn enough about your financial situation to understand a rough idea of what you can afford. It's just plain irresponsible to pick up a mortgage that's so far outside of your means. It's also plain irresponsible to act on the assumption that financial times are just going to get better ad naseum. If your financial survival depends on everything continuing to improve, you've got a bad plan.

I only speak so emphatically because I've already done my share of "It'll be okay" economics.

Twice cautious, once burned.

But really, isn't your family more important than your bleeding house?

Isn't it?