The Hard Landing

It's much harder than you imagined - and IT WILL CONTINUE FOR YEARS.

• You will be forced to pay cash for almost everything for the forseeable future:
  There are consequences beyond surrendering your property and taking a needless financial loss. Vendors will see your credit and wont let you "pay later" for ANYTHING. You'll face the new inconveniences of needing additional deposits for services and future utilities wherever you end up living, many of which may have to be paid in cash and/or in person instead of online. A fresh start is not going to happen for at least 7 years, and statistically up to 12.
• You won't be able to open up new accounts and credit will be significantly restricted:
  Banks and credit cards, even store cards won't extend services or credit. If credit cards are not taken away their usage and credit limits may be significantly reduced, payment terms will be shortened, late payment penalty fees will be raised to absurdly unfair rates, leaving you not even be able to subscribe to Netflix. Reserving a hotel or renting a car may not be possible for many years. If a kitchen appliance, AC, or car breaks down NO STORE, COMPANY, OR DEALERSHIP WILL EXTEND YOU CREDIT: If its the Fridge you wont be able to keep food. If its the AC your home will grow mold. If its the car you won't be able to lease or rent, you wont be able to use an UBER! Many employers also check credit as part of their decision to hire!
• Endless bureaucracy and mounting fees:
  You will eventually find yourself filling out more paperwork than you do for the IRS, dealing with never-ending court appearances while trying to keep your job, and paying for the ongoing costs of attorneys, judgements, and fines that increase monthly. To make matters worse, your homeowners and car insurance will be raised to absurd levels.
• Asset reposession:
  Aside from losing your property, if money is still owed you may find creditors reposessing your assets.
• New difficulties in finding a safe place to live:
  When you finally do leave your property, how many landlords are going to want to lease to a tenant whose credit report shows they were unwilling to do what was necessary to avoid a "hard landing"? What rent per month, and how much upfront deposits might that landlord want from a prospective tenant with that profile? What do you think the community might be like where you might find a landlord willing to rent to someone who has that kind of financial history?
• There will be a public outing:
  Like a scene from a movie, the sheriff will come to your property at somepoint to put a huge sticker on your front door. Then, if you are still occupying the home, he or she will publicly extract you and anyone else there from the premesis along with all of your posessions, which will be scattered across the front lawn, all while the neighbors look on.

The Soft Landing

It's much easier and has a much better outcome

• You will not be homeless
• We will get you OUT of foreclosure and have you reinstated
• Your credit can be saved or restored quickly
• Under some circumstances everything can be resolved within a single day
• There is barely any paperwork or preparation to be done
• You will not have to deal with lawyers, trials, an their costs
• You will be in a better financial situation
• You don't have to fix the house or make repairs or upgrades
• There are no commissions to pay, and no agents to deal with
• Once resolved, you will immediately be on a path to normalcy

If given the choice and it was achieveable, and if it didn't require moving mountains, why wouldn't you take the soft landing?

The truth is WE ALL face difficulties at different points in our lives. Sometimes we find ourselves in vey dificut situations, and it can be overwhelming and frightening. Yet how we handle it for ourselves and our family is what makes the difference.