AARP Live Discusses Estate Planning and How to Protect the Things You Love the Most at 10 p.m. ET. Watch Here
by Danielle Guerra, January 1, 1970|Comments: 0
In these tough economic times, foreclosure has become a harsh reality for many Americans. Last year foreclosures skyrocketed by 75 percent compared to 2006, with Nevada, Florida, Michigan and California having some of the highest number of casualties.
Some people face losing their homes as victims of predatory refinancing or the subprime mortgage crisis, leaving them trapped in unaffordable loans. Others are unsuspecting renters who dutifully pay on time but find themselves being thrown out on the street with their belongings because their landlords have fallen behind on mortgage payments.
In the video Fighting Eviction, above, a pioneering sheriff in Cook County, Ill., strikes out on his own to give a reprieve to renters caught up in the foreclosure crisis.
If you’re a homeowner, you can take steps to protect yourself from foreclosure.
Please leave your comment below.
You must be logged in to leave a comment.
Exclusive savings and benefits with the AARP Auto Insurance Program from The Hartford.
Members earn points on select Walgreens brand health and wellness products.
Members save $65-$200 on round-trip tickets purchased online.
AARP members receive exclusive member benefits & affect social change.
You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits.
Your email address is now confirmed.
Manage your email preferences and tell us which topics interest you so that we can prioritize the information you receive.
Explore all that AARP has to offer.
In the next 24 hours, you will receive an email to confirm your subscription to receive emails
related to AARP volunteering. Once you confirm that subscription, you will regularly
receive communications related to AARP volunteering. In the meantime, please feel free
to search for ways to make a difference in your community at