Facing Foreclosure After 50

The New York Times covered the plight of seniors who are facing foreclosures at record numbers as the banks evict them from their homes. The story quotes an AARP document which reports that 1.5 million folks over 50 lost their homes to foreclosure between 2007 and 2011. For those over 75, the foreclosure rate grew eightfold during that period.

The Times tells the story of ACCE’s own Foreclosure and Eviction Fighter Josephine Tolbert fight to save her home from Bank of America, including a sit-in with community supporters. “At my age, I don’t know what I would have done,” she said. “But let me tell you, it was a fight.”

Links: New York Times Article    Huffington Post Article    AARP Report

Leave a Reply

Your email address will not be published. Required fields are marked *

*

* Copy This Password *

* Type Or Paste Password Here *

141,219 Spam Comments Blocked so far by Spam Free Wordpress

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>