Tom came to me because he was four months behind on his mortgage payments and was worried about losing his home. He couldn’t seem to catch up since he had become disabled and had lost 45 percent of his income.

We worked together to create a budget that would help him reduce his expenses and increase his savings. I also contacted one of our community partners for loan modification assistance, and he was accepted into their program. However, there was one contingency of his acceptance, which was that he needed to pay the lien he had on his community dues, which totaled $874.

Since we had created a savings plan, Tom was able to pay back the dues and was officially accepted into the loan modification program. As a result, he didn’t lose his home and is back on track financially.