Re: Foreclosure crisis has spread across the Hmong and Lao Communities in the US.
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Re: Foreclosure crisis has spread across the Hmong and Lao Communities in the US.         

Group: soc.culture.hmong · Group Profile
Author: Thornspear
Date: Sep 9, 2008 22:36

some Moob/Hmong said they smart they eat american brain, they went to
the bank and take all equity of there house and then declare bankrazy,
like many of you said, now is the time of big wave, it good time to
roll log, I too have relative who roll log and let bank cry for it can
not sale his house but he happy and happy after taking many dollar
from bank free money left to live in a rental unit, before, bank eat
his brain but now he eats bank brain back, some people don't really go
bankrazy but just wanting to have free cash only.

On Sep 7, 1:13 pm, yajy...@gmail.com wrote:
> In recent months, I have noticed that more Hmong and Lao houses owners
> in Milwaukee, WI and St. Paul, MN are missing payments, puttting their
> houses up for sale to avoid losing them to foreclosure.
>
> My Lao and Hmong friends, Paseuth and Nao Phia just lost their house
> last month.  It is sad and I felt guilty that I could not help them
> except letting them stayed in my house for couple of days unit they
> could move into a rental house in the bad neighborhood.
>
> Another very sad thing is that their wives are filing for divorce and
> blamming them for not be able to support the family.
>
> And this is not just the end of the story for I am here today in
> Sacramento, CA  to visit my relatives and friends.  I have learned
> that many of the Hmong and Lao in California also have faced the same
> problems of foreclosure and family problems due to social-economic
> pressure.
>
> Many Hmong financial and real estates business also have been impacted
> by this economic-crisis.  Some had been closed and the number of their
> advertise in the two Hmong radio stations in Freshno and one in
> Sacramento have been downed for the last three months compared to two
> years ago.
>
> Are you or any body that you know are in the midst of a foreclosure?
>
> What is foreclosure trends in your community?  Can you share with us?
>
> My last question is what is the best way to avoid foreclosure?
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