Stephanie and Bob Walker paid $799,000 for a three-bedroom house with a view of the Hollywood sign in the Silver Lake neighborhood of Los Angeles. Three years later, the couple was in the Barrington home of Stephanie’s mother after spending a year trying to hang on to their California home.
The monthly magazine Chicago reported on December 14, 2011, that the foreclosure process Stephanie called “an extremely depressing and really scary ordeal” has actually helped her career. Stephanie first began writing about that ordeal at her blog, Love in the Time of Foreclosure, and later published an e-book of the same name. This year a play she wrote about the foreclosure, entitled “American Home,” won a Blue Ink Award from American Blues Theater. Thus far, Chicago said the two-act play has had a staged reading that is part of the development process, but Stephanie told the magazine that American Blues may go on to produce a full-fledged production, and if not, she wants to pursue getting the play produced by another company.
“We learned we’re resilient,” Stephanie told Chicago in 2009. “We learned not to be so attached to material things. We learned that we have each other.”
For homeowners in need of foreclosure help , it can be hard to imagine life ever getting back to what it was like before there were mortgage problems. That type of personal shame makes it difficult for people to ask for help, let alone even consider options that could help them stay in their house, such as filing for Chapter 7 or Chapter 13 bankruptcy . However, the Walkers’ journey represents one way in which the foreclosed can use the experience for inspiration. Do you think your own story would make for a good play or movie? What would the title be?
Benjamin Brand Services – Chicago bankruptcy attorney