Hope4Hardship Founder Michael Russell Shares Foreclosure Insights on Easy 99.1, WPLM-FM

Hope4Hardship on the air  

Hope4Hardship Founder Michael Russell recently appeared on Easy 99.1, WPLM-FM’s South of Boston program, hosted by Rob Hogan, on Sunday, November 10.

In a wide ranging interview, Michael shared part of his journey and why he founded Hope4Hardship. Here are a few bytes from the interview:

“I faced foreclosure. I ended up filing corporate bankruptcy. I filed personal bankruptcy. I had to short sell some properties and I ruined the relationships with the vast majority of my immediate family because of my own decisions that led to financial crisis. The only reason I’m sitting here is because I was able to turn my life around.”

“Every bank in America does not want to foreclose. Every homeowner in America does not want to be foreclosed on. And it really is just as simple as opening up effective lines of communication with your lender because every bank will offer assistance… The longer the time goes by that you don’t communicate with your bank, the less they’re interested in offering assistance and the less options that are available for assistance.”

“The bank is not your enemy until the day they’re out front of your house foreclosing on your property. Until then, there your ally.”

To listen to the interview, click here.