Held Hostage by a Home: The Devastation of Foreclosure

Mary Wilson, former member of the Supremes, put it all in perspective when she talked about Flo’s foreclosure: ” Our houses were more than just than just homes; they were the symbols of our success, and owning a home meant that you were secure, or so we all thought.” Dream Girl 1986.

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held hostage2

Held Hostage by a Home

By Anonymous

Depending on reader response- this column may become an ongoing Sunday feature on LivingLies. Let us know what you think.
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Although Neil Garfield eloquently describes the legal dynamics of foreclosure, there is also a human battle waged in millions of homes nationwide that remains hidden behind walls of shame, fear and anger. Families are torn apart by the stress and uncertainty that financial burdens bring. A home, no matter how modest or grand, is a foundation of family life- and when it is torn away by companies without legal standing to do so- the pain is compounded because of the injustice.


Most families who fall behind on their debts, do not do so deliberately. Usually financial debt is caused by job loss, illness, divorce, or simply being induced into obtaining more credit than the family can service-by companies who carry no risk…

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