We are your typical mid 30’s family that has been working their tails off through this COVID pandemic just to make ends meet.
I (Joseph) am in medical sales and have been with my company for the past year and a half and had everything on the up and up until March of 2020 when sales essentially stopped due to the pandemic. I was making strides and growing my business with the expectations of not just being able to pay the bills but begin to start saving for my family’s future. Unfortunately, once COVID hit, hospitals shut their doors to reps and sales came to a halt even though the bills didn’t stop.
We ended up putting our mortgage on a forbearance program for 4 months that was meant to save us some money at the time but later learned (once it was time to start paying again), that all it did was increase our mortgage payment by nearly $800 per month until it was paid back down. This wasn’t what I thought (bumping back the loan completion date) and is completely on me for not reading the fine print before signing the dotted line. In turn, we have been carrying a negative balance in our bank account for the past 4 months and hoping to find the light at the end of the tunnel.
Corrie (my bride in the pic) has been doing all she can to make ends meet as well. She was enrolled in pre-nursing prior to COVID but ended up needing to withdraw due to our boys coming home for schooling and the cost of school. Our hope is that she will be able to re-enroll for the spring 2021 semester and finish her final 2 classes before going into full-time nursing school but with the questions surrounding our boys being in school and whether or not my work will pick back up with all of the regulations, we just don’t know.
Our ask is this: Please help with the last few mortgage payments on the “forbearance” plan so that we can get ourselves out of a negative account balance and move forward with our lives. Even if we aren’t able to begin saving money, we will stop losing money to overdraft fees and loan payments that we have acquired over the past 6 months.
Thank you for your consideration in helping us get out of the valley and back on level ground.