Forbes column by Fowler White Boggs attorney Shari Olefson

Jul 22, 2009

forbesForeclosure loses its stigma

Had you asked Americans three years ago if they or anyone they knew had ever been through a foreclosure, the response in most cases would have been an uncomfortable, even defiant, “No.” The word conjured up all kinds of social stigmas, and most people considered losing a property to foreclosure to be irresponsible and, by association, un-American.