Hi and thanks in advance for taking the time to read my story!
We are a family of four, me and my wife, and two kids age 3 and 2.
It all started for us when the company we both worked for lost a big contract and had to lay off 75% of its workers.
We had just bought a house and our first son was 9 months and our second was on the way. Then we lost our jobs and had to sell our house and move. When we sold the house we had to sell at a loss of 21000$
I got work pretty fast but with the new job came extra expenses for travel, and we also needed a second car. Everything was tight but it worked fine ish for a while. We took out a loan to cover the loss from the sale, and it worked for a while.
We got an opportunity to buy a new house and move for work, YAY its starting to go our way we thought.
After a while we discovered the house we bought was not such a good deal as we thought. electrical had to be fixed and the plumbing in the bathroom had to be changed, some windows started taking in water when it rains, the paneling on the walls has to be repaired/changed.
On top of the house we had a car that broke down and had to sell at a huge loss.
With the ekstra repairs we did’nt calculate for, the car troubles and increased cost of living/working with the travel nessesary to get to work. We could not stay on top of all our bills anymore.
We tried to talk with the bank, with no success. So we turned to less favorable banks that offer high interest and in general bad loans. But in our current situation not even those banks would help us.
Now after 2 years of struggling the bank is about to take the house and sell it to minimize their loss.
We can’t move because renting something is more expensive then the loan on the house, we cant sell without ending up in more debt.
So our last hope is in the charity and kindness of others.
Right now we owe about 32000$ to three different banks.
If someone out there in a more favorable position has the means and opportunity to help us we would be eternaly grateful.
We have to come up with a way to pay off everything by the end of the year.
We should be able to pay of about a third by ourself, but we sorely need help.
We have asked family and friends and checked every possible way to get help, but to no avail. Our biggest consern in all this is the kids, we dont want them to be affected in the long term because of an economical crisis now.
Please help us get back on track, all help is much appreciated, every little penny counts for us.
https://www.paypal.com/paypalme/stupidandunlucky