I went to lunch with my friend yesterday. She told me her father lost his house and lives in rental now. From what she told me, her father and his wife (her stepmother) deserve to lose the house. They stretched themselves to the limit, and they knew what they were doing. My friend told me her stepmother knows the system and use it for her advantage. I don't know any detail how her stepmother did it, but they stayed in their house for one year without paying any mortgage by taking advantage of grace period to vacate the house or something. (Like I said, I have no idea how she did it. My friend told me her stepmother filed bankruptcy and every time she submitted paperwork, the grace period was extended, or something like that. Please don't quote me on this. I really don't know how the system works about bankruptcy.) Anyway, this is second time her stepmother filed bankruptcy.

My friend knew about her father's financial situation, so she told her stepmother not to get anything for Christmas last year. Of course, her stepmother went out and bought gifts for everyone. Things people do not need. My friend's husband got a shirt he will never wear and went straight to Goodwill. Her daughter received shoes she didn't like. So, my friend had to lie to her stepmother that they were too small, and find out the store step mom bought the shoes from. At least, she could exchange the shoes with something her daughter would wear.

Wow...... Good thing is my friend is not like her father, and is careful about money. I met her in Statistics class in community college. She is working on degree to become a speech therapist, and was just accepted to grad school.

I guess some people are totally fine losing their homes. Maybe, they don't care. Like her father, they find another place to live and move on..... But... will they ever learn about financial responsibility??? btw, my friend's father is 65 years old.