It Might Be Possible To Use Your Retirement to Save Your Home from Foreclosure
In light of all the economic news, it might be possible to use your retirement to save your home from foreclosure. On May 21, 2009, The State of Wisconsin Department of Workforce Development announced the preliminary unemployment rate for April 2009 was 8.8 percent, which is slightly down from March 2009, but still higher than April 2008, when the unemployment rate for Wisconsin was 4.6 percent. 2008 ended with a 62% increase over 2007 in home foreclosures in the State of Wisconsin. Simply put, approximately 1 in 128 homes in Wisconsin is in some state of foreclosure. These numbers are astonishing. But at Belgium Insurance Group, we are here to try and help you determine if it might be possible to use your retirement to save your home from foreclosure.
Established businesses have been forced to close their doors after many years. Those workers that are now unemployed or have had to take a cut in pay or a cut in hours has caused many families to make some pretty tough decisions.
Many of us have worked hard at building our retirement fund, but in today’s economy many of us wish there was a way it could work for us now. If you have a retirement plan, there may be a way to use a portion of it, with minimal penalties, to avoid a foreclosure or repossession. At Belgium Insurance Group, our financial planners can do a FREE FINANCIAL EVALUATION to see if it might be possible to use your retirement to save your home from foreclosure. You’ve worked hard to get your home, now it’s time to see if your retirement plan can work towards saving your home.
If you have not already done so, there are a few ways to save a little on your insurance as well. Such as raising your deductible or changing the use of your car to “Pleasure Use.” The Insurance Specialists at Belgium Insurance Group know that every little bit can help. Our Specialists can also do a FREE EVALUATION of your insurance as well, and offer suggestions that might save you a little money.
Even if you are not currently a customer of Belgium Insurance Group, we are happy to sit down with you and do a FREE FINANCIAL EVALUATION to see if it might be possible to use your retirement to help get your through these tough times. Call us today to set up an appointment.
