For Yadkinville resident Terry Shaw and her late husband, Keith, the economic recession intersected with other events in their lives, leaving Terry alone and on shaky ground. Here is her story in her own words:
“I’ve always worked. For a time I was a paralegal and administrative assistant, and then for seven years I worked directing the training program for a company that trained truck drivers. I was making a decent income and my husband had employment with a good company. Then in 2008, he became one of the countless people who lost their positions due to cut backs. He also had a disability, and he found that he was unable to find a job after his layoff. He filed for and received Social Security Disability.
“We were doing okay. I was still working, so all our bills were being covered. As life went on, we were able to keep up with our mortgage and keep up our property. In March of 2012, I too was laid off. Then, a week after my last day at work, we learned my husband Keith had stage-three cancer of the liver. My husband fought hard, but he lost the fight on August 26, 2012.
“I was lost and did not know what to do. My unemployment income alone was not enough. I was working hard at finding employment, and the bills piled up. My husband and I had worked hard to keep the mortgage payment current and without blemish. I did not want to lose my pets, too – they had been practically like kids to us. There was nowhere I could live and pay less, especially with dogs and cats.
“I had to ask for help. First, I went to my bank — Capital Bank. They referred me to Financial Pathways. I went to one counseling session, and they told me about the mortgage payment program.
“This program seemed made for somebody like me, whose life events had put them in a place where they might lose their home. Even though I was not facing immediate foreclosure, I could see it coming. There was no way I could make the mortgage payments without a job. So I filled out the paperwork, and here I am – getting a no-interest, government loan to help me pay my mortgage for the next year. In the meantime, I have gotten my budget under control and I know what I need to do and what kind of income I need to keep the house.
“Since then, I have referred several of my friends to Financial Pathways – they have so many different programs to help folks.
“I am still looking for employment as well looking at taking courses to improve my chance of finding a job. What a blessing this service from Financial Pathways is. It has bought me the time to focus on the job hunt and get back on my feet.”