Schachner, 40, said they immediately fell behind in their bills. In 2001, they filed Chapter 13 bankruptcy, which allowed them to keep the house and establish a debt repayment plan through a trustee appointed by the bankruptcy court. Two years later, the Schachners were forced to file Chapter 13 again, but this time they couldn't afford the payments.
They failed to pay municipal taxes for three years and by the time they contacted The Associates to work out a payment plan, it was too late.
Ooops! I guess ignorance is not bliss.
Welcome to Allegheny County, rapidly taxing itself into oblivion.
Well, it is - but only for a limited time.
$1000 annually is about $83 a month. If you can't re-budget for that small an amount after a few months of knowing about it, you're living too close to the bone.
" Although she knew their monthly mortgage would be $456, the couple didn't realize there also would be more than $1,000 annually in property taxes. "
What this country fails to "teach" its youth is BUDGETING and living WITHIN that budget. Parents and schools need to make this mandatory for future generations! A household should spend only 25% of their income on housing and utilities instead they're over extending themselves and blowing the extra cash they should save on frivilous items like cell phones, cable tv, ridiculous car payments, auto insurance, eating out four nights a week. $100 dollar gym shoes.