We lost our 4 bedroom brick house to foreclosure last summer. Our home is now a 3 bedroom trailer on the in-law's property. Cost per month, $0 (other than what we give his parents as a token of appreciation). We also filed Chapter 7 bankruptcy to get out from under about $100,000 of debt.
Do I blame Wall Street?
Nope! I blame ourselves for living above our means, poor financial planning and wasteful spending. No excuses. We allowed ourselves to get pulled onto the same "buy now pay later-a-plenty" bandwagon that has caused this country's lowly financial state today.
