Comments on: Reader Email: Help Me, I’ve Been Evicted! http://www.lazymanandmoney.com/help-me-ive-been-evicted/ Saving, Earning, and Investing Money Sat, 21 Nov 2009 00:22:17 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: mapgirl http://www.lazymanandmoney.com/help-me-ive-been-evicted/comment-page-1/#comment-93875 mapgirl Thu, 24 Jul 2008 21:51:28 +0000 http://www.lazymanandmoney.com/help-me-ive-been-evicted/#comment-93875 Perhaps if she has a dire bill that is due, she can try out Modestneeds.org? Tricia from Blogging Away Debt and I both contribute to that organization. They do take applications from people who need help covering rental deposits. However, this person seems to be complaining about a systemic problem. You usually don't get foreclosed or evicted overnight. Non-payment for 30+ days is usually the norm depending on the laws where you live. Perhaps if she has a dire bill that is due, she can try out Modestneeds.org? Tricia from Blogging Away Debt and I both contribute to that organization. They do take applications from people who need help covering rental deposits.

However, this person seems to be complaining about a systemic problem. You usually don’t get foreclosed or evicted overnight. Non-payment for 30+ days is usually the norm depending on the laws where you live.

]]> By: irina http://www.lazymanandmoney.com/help-me-ive-been-evicted/comment-page-1/#comment-93866 irina Thu, 24 Jul 2008 19:21:53 +0000 http://www.lazymanandmoney.com/help-me-ive-been-evicted/#comment-93866 Correction: Although my husband owned that trailer (he bought it in the 80’s for $5000) we still had to rent a lot in a trailer PARK where that trailer was stationed. Correction: Although my husband owned that trailer (he bought it in the 80’s for $5000) we still had to rent a lot in a trailer PARK where that trailer was stationed.

]]> By: irina http://www.lazymanandmoney.com/help-me-ive-been-evicted/comment-page-1/#comment-93865 irina Thu, 24 Jul 2008 19:17:30 +0000 http://www.lazymanandmoney.com/help-me-ive-been-evicted/#comment-93865 At one time my husband and I lived in a trailer in Miami, Florida, rent $320 a month. I know, not everyone lives in Florida and not everyone can live in a trailer. But we loved it. LOL. Although my husband owned that trailer (he bought it in the 80's for $5000) we still had to rent a lot in a trailer where that trailer was stationed. We now live in a super-duper-modern condo. Mind you, we miss our trailer with lizards and a snake coming in once in a while. A relative got an idea by watching our joy and bought her own trailer, used one, for $1000. Moved it to a piece of land she owns in North Florida. Paid $1000 total to move it. Now she lives there rent free. As for a second job to bring quick money in, check my blog: http://is.gd/12Di I am sure, you can come up with a service that your community needs, mine is a clown. Long time readers, I am sure, roll up their eyes, here she goes again. LOL At one time my husband and I lived in a trailer in Miami, Florida, rent $320 a month. I know, not everyone lives in Florida and not everyone can live in a trailer. But we loved it. LOL.

Although my husband owned that trailer (he bought it in the 80’s for $5000) we still had to rent a lot in a trailer where that trailer was stationed.

We now live in a super-duper-modern condo. Mind you, we miss our trailer with lizards and a snake coming in once in a while.

A relative got an idea by watching our joy and bought her own trailer, used one, for $1000. Moved it to a piece of land she owns in North Florida. Paid $1000 total to move it. Now she lives there rent free.

As for a second job to bring quick money in, check my blog: http://is.gd/12Di I am sure, you can come up with a service that your community needs, mine is a clown.

Long time readers, I am sure, roll up their eyes, here she goes again. LOL

]]> By: Lazy Man http://www.lazymanandmoney.com/help-me-ive-been-evicted/comment-page-1/#comment-93861 Lazy Man Thu, 24 Jul 2008 18:34:47 +0000 http://www.lazymanandmoney.com/help-me-ive-been-evicted/#comment-93861 From the e-mail it seemed like a loan wasn't possible. If you don't have enough credit to rent a place, I figure no one is going to give you a loan. I mentioned that in my original reply, but left it out here. From the e-mail it seemed like a loan wasn’t possible. If you don’t have enough credit to rent a place, I figure no one is going to give you a loan. I mentioned that in my original reply, but left it out here.

]]> By: KingTut57 http://www.lazymanandmoney.com/help-me-ive-been-evicted/comment-page-1/#comment-93856 KingTut57 Thu, 24 Jul 2008 17:59:34 +0000 http://www.lazymanandmoney.com/help-me-ive-been-evicted/#comment-93856 Well said Ryan. When debt is the problem more debt will not help. Buckling down and looking at each and every dollar spent and the priority that comes with the expenditures. Also, thinking abundantly about the money to be made with hard work will help too. They need to set their goals higher than simply to be out of debt. They should set goals like being worth a set amount by a set period of time. If all they are doing is looking to get to even on their debt they will get there or close to there and get comfortable and fall back. Well said Ryan. When debt is the problem more debt will not help. Buckling down and looking at each and every dollar spent and the priority that comes with the expenditures. Also, thinking abundantly about the money to be made with hard work will help too. They need to set their goals higher than simply to be out of debt. They should set goals like being worth a set amount by a set period of time. If all they are doing is looking to get to even on their debt they will get there or close to there and get comfortable and fall back.

]]> By: Ryan http://www.lazymanandmoney.com/help-me-ive-been-evicted/comment-page-1/#comment-93849 Ryan Thu, 24 Jul 2008 17:27:31 +0000 http://www.lazymanandmoney.com/help-me-ive-been-evicted/#comment-93849 Very good suggestions by all. Perhaps, though, with all of your willingness to give advice on finances you lost sight of her question. Where in her email did Candi ask for advice? What she seems to be solicitiing from you nad your readers is a loan. Good for you for ignoring that request and urging her to dive into the families financial situation to look for alternatives. Recently, the wife of a good friend called me asking to cosign on a consolidation loan for them. unknown ot me they were in pretty deep with debt, 2 kids, 2 cars, very similar to Candi. Rather than helping them get in deeper with a quick fix (not to mention the potential credit risk) I turned them on to Kyaski, John Cummuta and a handful of fantastic financial books and CD's. Today he is working a second job, they have cut up the credit cards and aggresively paying down on that high interest debt. Every time we talk they are more and more grateful for learning something that quite sadly, never gets taught at any level of education - financial responsibility. The road out of debt is rough, but the destiantion of freedom from debt is well worth the ride. Very good suggestions by all. Perhaps, though, with all of your willingness to give advice on finances you lost sight of her question. Where in her email did Candi ask for advice? What she seems to be solicitiing from you nad your readers is a loan. Good for you for ignoring that request and urging her to dive into the families financial situation to look for alternatives. Recently, the wife of a good friend called me asking to cosign on a consolidation loan for them. unknown ot me they were in pretty deep with debt, 2 kids, 2 cars, very similar to Candi. Rather than helping them get in deeper with a quick fix (not to mention the potential credit risk) I turned them on to Kyaski, John Cummuta and a handful of fantastic financial books and CD’s. Today he is working a second job, they have cut up the credit cards and aggresively paying down on that high interest debt. Every time we talk they are more and more grateful for learning something that quite sadly, never gets taught at any level of education – financial responsibility. The road out of debt is rough, but the destiantion of freedom from debt is well worth the ride.

]]> By: KingTut57 http://www.lazymanandmoney.com/help-me-ive-been-evicted/comment-page-1/#comment-93750 KingTut57 Wed, 23 Jul 2008 23:26:35 +0000 http://www.lazymanandmoney.com/help-me-ive-been-evicted/#comment-93750 Good suggestions on here. I really like getting creative and making win-win situations. She needs to look at what she does have. If she has time can she trade it for work and same with her husband. I'm a finance manager at a car dealership so I see up front the issues that many people face. People don't always make the best decision. I would suggest trying to trade both vehicles in on one and carpooling if at all possible. Less payments, less insurance, less gas, overall a lot of savings. Also, someone she knows (she used to have a rental property) probably has space somewhere for her and the family to live. I'm sure a friend or relative would rent to her especially if the husband could provide some elbow grease. I think the biggest thing is for her to stay positive and exude confidence in her and her families abilities to overcome tough times. Good suggestions on here. I really like getting creative and making win-win situations. She needs to look at what she does have. If she has time can she trade it for work and same with her husband.

I’m a finance manager at a car dealership so I see up front the issues that many people face. People don’t always make the best decision. I would suggest trying to trade both vehicles in on one and carpooling if at all possible. Less payments, less insurance, less gas, overall a lot of savings.

Also, someone she knows (she used to have a rental property) probably has space somewhere for her and the family to live. I’m sure a friend or relative would rent to her especially if the husband could provide some elbow grease.

I think the biggest thing is for her to stay positive and exude confidence in her and her families abilities to overcome tough times.

]]> By: Dedicated http://www.lazymanandmoney.com/help-me-ive-been-evicted/comment-page-1/#comment-93749 Dedicated Wed, 23 Jul 2008 23:16:08 +0000 http://www.lazymanandmoney.com/help-me-ive-been-evicted/#comment-93749 Fabulous response Mr. Lazy! Although, I would not discount her ability to work. I'm not talking a high stress job, but gaining an evening out a week, would benefit the grocery bill and give her a much needed mental break. Which, with 4 kids she is reaaaallly going to need, to stay on top of her game as a mom. Trading debts for one consolidation is not the way to go. In fact, in order to stream line and cut cost dramatically I would also suggest becoming a 1 car family. At least until they can pay cash for the vehicle, have an emergency fund and enough cash for 1 years expenses (insurance & taxes). Then get that 2nd ride. What the letter, in condensed version, says to me - is she is feeling trapped and desperate. She needs to stop, gain perspective and tackle 1 issue at a time. I agree the vehicle situation should be first. The next issue, is a place to live - Is her husband handy or is she? I know plenty of landlords that will make deals for some elbow grease. In their situation, it may mean taking a chance - doing the work, prior to move in. But the rewards of less security dollars will be worth it. Be creative, anything and everything is possible. This is only the beginning! Fabulous response Mr. Lazy!

Although, I would not discount her ability to work. I’m not talking a high stress job, but gaining an evening out a week, would benefit the grocery bill and give her a much needed mental break. Which, with 4 kids she is reaaaallly going to need, to stay on top of her game as a mom.

Trading debts for one consolidation is not the way to go. In fact, in order to stream line and cut cost dramatically I would also suggest becoming a 1 car family. At least until they can pay cash for the vehicle, have an emergency fund and enough cash for 1 years expenses (insurance & taxes). Then get that 2nd ride.

What the letter, in condensed version, says to me – is she is feeling trapped and desperate.

She needs to stop, gain perspective and tackle 1 issue at a time. I agree the vehicle situation should be first.

The next issue, is a place to live – Is her husband handy or is she? I know plenty of landlords that will make deals for some elbow grease. In their situation, it may mean taking a chance – doing the work, prior to move in. But the rewards of less security dollars will be worth it.

Be creative, anything and everything is possible. This is only the beginning!

]]> By: Jim http://www.lazymanandmoney.com/help-me-ive-been-evicted/comment-page-1/#comment-93747 Jim Wed, 23 Jul 2008 23:08:59 +0000 http://www.lazymanandmoney.com/help-me-ive-been-evicted/#comment-93747 I definitely agree they should cut back on the car expenses. $680 on car payments is a lot that could instead be going towards housing. A foreclosure and recent eviction on the credit record will look bad to landlords. That can make it difficult. If they shop around more for rentals they might find a place that won't scrutinize the credit history as much. Jim I definitely agree they should cut back on the car expenses. $680 on car payments is a lot that could instead be going towards housing.

A foreclosure and recent eviction on the credit record will look bad to landlords. That can make it difficult. If they shop around more for rentals they might find a place that won’t scrutinize the credit history as much.

Jim

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