Even though it’s hard to go more than a few days without hearing about the housing slump and foreclosures, it’s a bit of a distant concept if no one you know has faced it.
Well, over the past couple of weeks we took a "love offering" at our church for one of our families. A substantial amount — five figures — of money was needed for this family to avoid bankruptcy and possibly foreclosure. All of a sudden the concept of foreclosure isn’t so distant anymore. An entire family you know could be out on the street.
We haven’t had any friends thus far get into this kind of trouble but I imagine they won’t be the last before this downturn is over. Professions that were once booming are now busting. Companies are starting to take a hard look at who they can afford to keep on, and though I doubt that managers enjoy firing people, they probably will have to.
We helped out this family through a special donation, but will that be enough? I pray that it is, but though God is in control and He will take care of His own it may not necessarily be by keeping them in their house.
How would you handle a friend in foreclosure? Or have you already crossed that bridge?