Assistance programs help homeowners who are at risk of losing their homes due to financial difficulties by providing financial support or restructuring loans. Proponents argue that it prevents people from losing their homes and stabilizes communities. Opponents argue that it encourages irresponsible borrowing and is unfair to those who pay their mortgages.
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@9MM9RGW10mos10MO
Yes, for instances of public housing/affordable housing foreclosure, or based on a means test in order to protect low-income households in the case of an extreme change of circumstance.
@B22DPSDSocial Democrats3mos3MO
No, instead more education should be provided on financial security and we should strive as a nation to ensure foreclosures do not occur, this includes prudent lending by financial institutions.
@9ZTH6DM4mos4MO
Depends on the situation, unfortunately it is not a yes/no answer, if someone loses their job and can no longer pay then possibly yes, if a very wealthy slithery person chooses to stop paying then no
@9ZKSZGFPBB Solidarity4mos4MO
The Government should offer homeowners facing foreclosure two options: assistance subject to a repayment plan or an alternative social house
@9ZJWFDDIndependent4mos4MO
depends. if it's a homeowner's only property and they are of moderate or below moderate means, then yes. any other scenario, nope.
@9ZH4RY44mos4MO
Yes Provided they have paid the relevant income tax and the foreclosure is due to unforeseen or difficult circumstances
@9Z9J5654mos4MO
Yes, but depending on the reasons behind the foreclosure and the nature of the property in question.
@9Z9H4BM4mos4MO
Depends on individual circumstances... Critical illness, sudden unemployment etc... But not for people with property portfolios etc
@9YNGCR94mos4MO
Depends on situation for someone who is really struggling BUT trying and has proof of struggling then yes
@9YNFZTZ4mos4MO
If there was a thorough system in place which gave allowances to struggling families yes but not randomly or inconsistently
@9YN769Q4mos4MO
Yes, once each case of foreclosure is assessed individually. People in foreclosure due to reckless spending should not be supported
@9YML9Y44mos4MO
Yes, if it's as a result of catastrophic issues, or circumstances beyond the person's control if a genuine attempt has been made to pay down credit
@9YMGTJ34mos4MO
The banks (with help from government) created huge problems for home owners. Drove up the cost of living and borrowing. Shouldn't be a interest on bank loans
@9WWTDL95mos5MO
Once each case of foreclosure is assessed individually. People in foreclosure due to reckless spending should not be supported.
@9V36PMQ6mos6MO
Yes, but only in cases of financial struggles and not refusal to pay
@9SWMJY6Independent6mos6MO
Yes and if this is the case then over the course of several years if the debt is high enough maybe the tax credits can be reduced provided the main lease holder or their children isn't in receipt of disability or chronic medical care.
@9NMH3VSSocial Democrats9mos9MO
Yes, but only to people who’s home value is within an average range
@9ZCPTC4 4mos4MO
Depends on whether the homeowner is struggling financially and whether they have borrowed recklessly.
@9ZCJDTP4mos4MO
If they have shown they have followed and done everything possible to keep their home and worked with the banks the. Yes
@9ZCCY5Q4mos4MO
Only if it is the primary residence, no other property is owned and the foreclosure has come about due to no fault of the person i.e money mismanagment
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