Teens Suffer From Enduring Foreclosure Crisis

Teens Suffer Enduring Foreclosure Crisis - Politics, Business, Civil, History - Posted: 28th Aug, 2008 - 7:15am

Text RPG Play Text RPG ?
 

Posts: 1 - Views: 750
28th Aug, 2008 - 7:15am / Post ID: #

Teens Suffer From Enduring Foreclosure Crisis

I had never really thought about the deeper ramifications of foreclosures before reading this article. When a mortgage goes into foreclosure it impacts the entire family. Parents should take care not to burden their children with their financial struggles if at all possible.

QUOTE
In the midst of the foreclosure crisis, teenagers are experiencing trouble at home especially when their parents are imposing measures that will allow them to pay their mortgage dues each month...To help their parents deal with the mortgage problems, many teenagers are cutting back on their spending and getting part time jobs. Many parents have also decided to discuss the foreclosure process with their teens in order to prepare them for any eventuality.

The burden of facing the possibility of losing their home to foreclosure is evident in some of these teenagers. Some are sharing the worry that their parents are feeling, affecting their studies and social life. Things that were previously fun, like proms and graduations, have become the cause of stress for these young people.

International Level: Activist / Political Participation: 32 ActivistPoliticianActivist 3.2%


Sponsored Links:

 
> TOPIC: Teens Suffer From Enduring Foreclosure Crisis
 

▲ TOP


International Discussions Coded by: BGID®
ALL RIGHTS RESERVED Copyright © 1999-2024
Disclaimer Privacy Report Errors Credits
This site uses Cookies to dispense or record information with regards to your visit. By continuing to use this site you agree to the terms outlined in our Cookies used here: Privacy / Disclaimer,