Woman Commits Suicide Over Foreclosure
August 31, 2008 · Print This Article
A woman in Taunton, Massachusetts has ended her life via a rifle shot to the head, rather than face the consequences of having to leave the home whose mortgage she and her family could no longer afford to pay with all the debt she was in.
The mortgage company, whose name hasn’t yet been released to the press, had arranged for Carlene Balderrama’s home to be auctioned off starting at 5 p.m. on July 23rd. Carlene Balderrama, who was responsible for all her household’s financial dealings, had not made a mortgage payment in almost two years.
The mortgage company received a faxed message from Balderrama soon after 2:30 p.m, in which the 53-year-old woman informed the company that she would die before the auction began. The mortgage company informed the local law enforcement authorities. By the time they arrived at Balderrama’s foreclosed home at 3:30 p.m. the matriarch of the house was no longer among the living. She had shot herself with a rifle belonging to her husband, John Balderrama.
When the auction for the Balderramas’ house began as scheduled at 5 p.m, horrified buyers learned what had happened. Balderrama’s lifeless form was still in the house as the buyers started showing up on the property.
Law enforcement officials found a suicide note adjacent to the body. The note explained Carlene Balderrama’s motivations for taking her own life. She stated that the family’s difficult financial had become impossible for her to deal with. She felt that she could not discuss the household’s financial problems with others. She encouraged her family to use money from her life insurance policy to buy back the house.
“I had no clue,” said her husband, who had filed for bankruptcy multiple times throughout the past four years. His petitions for bankruptcy had not been approved by the courts, and, thus, he was unable to hold on to his house under the court’s Chapter 13 payment plans. “I’m just lost. I tell you I’m beside myself,” John Balderrama added.
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