Thirty Years

Jul 8, 2015 | Debt, Foreclosure

Thirty years is a pretty long time. Few, if anything, lasts thirty years. Not even the Thirty Years War really lasted thirty years. Not continuously, at least.

It’s not all that easy to think back thirty years.  Ferris Bueller’s day off was thirty years ago last month. There are a great many diehard baseball fans that couldn’t tell you that the Kansas City Royals defeated the Cardinals in the 1985 World Series. Especially since the Royals promptly disappeared from view until last year.

In the last thirty years we’ve had five Presidents; been in three wars; through three ‘official’ recessions;  eight stock market crashes; countless bull and bear markets; seen cell phones go from the Gordon Gekko size of a small briefcase to smart phones; there have been technological advances that were only foreseen by science fiction.

Thirty Years.  That’s the average life span of a Fortune 500 company. Actually, absent Coca Cola and a few others, almost two-thirds of Fortune 500 list turns over every thirty years or so (Remember Compaq computers?)

The average marriage in the United States lasts roughly 14 years. Regardless, more than 60% of marriages end in 21 or so years by divorce or death of a spouse.  The average worker changes jobs about every five years.

Thirty years of perfect health – physical and mental -would be an outlier of epic proportions.

And yet thirty years is overwhelmingly the term for most mortgages in the U.S..

When I meet with a new client it’s important that they know what this means. That no one can control – maybe even influence all that much – events over a 30 year span. Certainly not their health, career, market forces, recessions, corporate mergers/bankruptcies/relocations/relevance;  marriage; children; aging/ailing parents; severe weather; and a hundred other things.

Thirty years is a long time to pay for a house, a lot can and will happen,  a lot of it is not within the homeowners’ control.

What is in their control, is how to handle the foreclosure. Hopefully, with my help.

 

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I’ll talk to anyone who is currently behind on their mortgage, thinks they may not be able to afford their mortgage in the coming months, or is already in foreclosure. The earlier we talk, the more options you have.

… Sarah Poriss.

Sarah Poriss, Attorney at Law, LLC is the largest woman-owned foreclosure defense law firm in Connecticut, providing homeowners with quality legal counsel in foreclosure mediation and foreclosure defense.

Working at Consumer Law Group in Rocky Hill, Connecticut for four years, Sarah specialized in representing consumers facing financial crises like debt collection harassment and identity theft. Upon opening her own office, she expanded her focus to defending consumers sued by credit card companies and representing homeowners in foreclosure.

Sarah has elevated her practice by exclusively representing clients with money issues. She played a crucial role in drafting foreclosure mediation rules as a member of Connecticut’s Bench-Bar Foreclosure Committee for seven years.

Additionally, she contributed to the Bench-Bar Small Claims Committee to enhance clarity in small claims proceedings and ensure debt collectors provide substantial evidence to win cases.

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