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Old 07-30-2016, 12:48 PM   #14
Ahuch
Crash and Bang Winger
 
Join Date: May 2012
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Quote:
Originally Posted by GGG View Post
This is sad but 7 months before foreclosure doesn't seem like very much savings when including RRSPs and credit cards which I'd assume you'd max before letting your house go into foreclosure.

If they were earning 50k a year each they would have gotten 4k per month in EI payments to help as well. It essentially means they had zero savings
“We’re going to be renting a house in the interim,” said Bownes, a human resources professional who didn’t get any severance because his position was considered temporary.

Depending on how temporary he might not have gotten any EI either? Not sure.
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