Dealing With The Emotional Aftermath of Foreclosure
December 15th, 2009 by adminIn the article titled “The Fallout of the Foreclosure Crisis,” I talked about the devastating effects a foreclosure can have on a person’s life. Financial hardship, destroyed credit, and displacement are the more obvious repercussions that a foreclosure can have, but depression, addiction, and marital strife can all surface from the strain.
Dealing with depression on one’s own can be extremely challenging. Not only is a person’s head swimming with self-defeating thoughts, but there are physical symptoms as well. Getting outside your head and asking for help are critical to improving your quality of life. Unfortunately, many people facing foreclosure can’t afford private therapy or appropriate medications. This leaves many people out in the cold and left to their own ability to deal and survive. Many won’t be able to handle the situation on their own and will sink further into the abyss. Those who are able to find help on the other hand, face a very bright future.
There is no one way to heal depression and anxiety. Yes, a private therapist is extremely helpful. And yes, medication is a lifesaver for some people. However, if these aren’t options for you, most communities have free or low-cost resources such as short term counseling, as well as group counseling and personal growth workshops. There are also crisis lines that can connect you with mental health services in the area, and provide an empathetic ear. In fact, crisis lines are seeing huge increases in calls as the economy continues to struggle. Crisis lines are free to call, confidential, and are manned by trained personnel.
If you feel uncomfortable talking to a counselor, there are numerous websites that feature articles and discussion groups focused on emotional well-being. Sometimes even talking to strangers on an online message board can provide comfort and support. Going online and seeing how many other people are going through the same thing can also help simply because you realize that you’re not alone.
Speak with your friends as well if you can. Many people are embarrassed by foreclosure, but needn’t be. Everyone makes mistakes, and sometimes events happen in our lives that are beyond our control. Good friends want you to lean on them when you’re having a hard time, and the simple act of talking to someone might be enough salve on the wound to make the situation appear less dire.
In addition to talking to people, it’s also a good idea to exercise and eat right. While depression and anxiety can sap a person’s energy, exercise will boost endorphins and give you feelings of buoyancy and renewal. Activities like walking are also excellent for meditation and problem solving. So get outside and enjoy the scenery!
Taking care of your physical body can go a long way in taking care of your mental health. It’s also important to see friends regularly, to have relaxation time, and to take note of all the things you’re grateful for in your life.
If you’re unemployed, consider volunteering on the days that you’re not job-hunting. Volunteering will help you acquire new skills and can make you feel amazing. By helping someone else, you’re proving to yourself that you have the power to change your life. It can help you see things from a fresh perspective, and can also help you connect with people in your community.
The more you put yourself out into the world, the less scary the world becomes. Foreclosure and eviction are incredibly stressful situations to deal with, and you don’t have to deal with it on your own. Seek out friends or connect with others in the same position as you. You’ll soon see that this is a temporary setback, and that you have the power to get back on your feet. You deserve to be healthy, happy, and living in a home that acts as a true sanctuary for you. You may not be able to buy a new home right away, but you’ll get there soon; I have faith in you.
Personal Property Taxes – Dealing The Indispensable Tax
October 13th, 2009 by adminProperty taxes ? this word id not new to anyone. We not only pay it on our house but also for the property it is located on. These taxes are usually very heavy, yet they depend on the size of your house and the value of the property it is located on. These funds are diversified to support your local government?s budget.
Coming to personal property taxes in the varied states, these are levied on the varied large items that you own like boats, automobiles, recreational vehicles, motorcycles, utility trailers, aircrafts, etc.
As paying the property taxes are indispensable, they are also important to you?re your Governments at large. But you must know as to how much you must pay and where the money paid by you being used.
Here are some points that would help you understand the personal property taxes better:
1. The personal property tax is assessed by the state in which your vehicle and/or the other items are registered.
2. All the states have different methods for calculating and collection of the tax.
3. For instance, at some states you have to pay property tax worth one year against the value of the vehicle as from the date of registration. There onwards you have to pay the property tax whenever you get your license plate renewed.
4. Another example states that the license plates are only renewed in January. In other cases, that is the other states consider the renewal date on the birthday of the person on whose name the vehicle has been registered. In such cases the personal property taxes are collected all round the year.
5. There are also instances when the states collect the personal property taxes only once each year. They send the tax bills to the residents inclusive of all the personal property they own at one time only.
6. The rates at which the personal property taxes are charged vary form state to state. One common factor is that they are all based on the values of the items registered.
7. In case of cars & trucks, the value on which the taxes are charged is calculated on the basis of the values given in the NADA blue book.
8. Generally in many states, the personal property tax is further used to fund the Department of Motor Vehicles’ budget, and also possibly the other local and state governments.
9. These taxes might also be diversified to pay the salaries of DMV workers along with the building space, other supplies, etc.
10. Unlike the above examples, in some states, personal property taxes ?this term denominates the real estate property tax.
11. However, irrespective of the term or denomination, these taxes are quite different form each other and different in each state as well. Also, all these states diversify these funds quite differently.
12. The property taxes charged against the house and the other properties you own generally cater to the county and/or city government. These spend this money for the betterment of the society in the form of roads, schools, police support, local government, fire support, etc.
13. However, the individual needs to pay both the taxes that are city & county property taxes.
14. The property taxes paid against the boats, vehicles, etc. listed above, are used to fund the local government more often, not the state government.
