Yes I am sure the inability to pay their mortgage will fade into insignificance if I just fwd your message PP
No point getting worked up about it though. Getting hysterical is pointless. I took a 20%-ish pay cut this week.
What's the worst that can happen? Sell/Loose the house, go rent somewhere.
If you've stretched yourself too far financially, that's down to you. We could probably survive on half our present income and still keep the house, but we'd have to ditch the car, holidays, TV, mobile phones etc. We've both beeen under threat of possible redundancy for a couple of years now, so we made sure we didn't waste money, we paid off all loans and cut the mortage payment down. We could now survive 6 months with no income at all. Get a low paid job doing anything and stretch that to a year. It's not usually that hard to see redundancy coming, but people are scared because they won't cut back. Because they'll loose their lifestyle and flash car etc. They just stick their head in the sand.
No, it's not good, but worse things happen at sea.
Like I say, I keep asking, but I doubt I'll be that lucky. With a few grand in my pocket I could justify taking a lower paid job that I'd like to do, rather than earning more and being bored stupid like I am now. There's plenty jobs out there, if you're not proud. I've turned 2 down recently that I'd have taken if I was redundant, and enjoyed doing.....
