NEW YORK — It’s a common story of debt-ridden homeowners struggling to pay the bills on time, and often living in their cars.
Now, a New York woman who was forced to pay her own way to pay off her mortgage is living in her own car again.
Kristi Fournier’s story has been chronicled in the National Enquirer and other publications.
But when it comes to the financial situation of New Yorkers, Fourner is not alone.
The Enquirers report last year that over half of New York City residents had to live in their own cars as of July 2018, a number that has grown by nearly 40% since 2014.
Fourners husband and daughter live in a different home, which Fourniers husband says is a result of a recent property tax increase.
Fournier says that when she was trying to pay down the mortgage, she tried paying it off through cash, but her husband says she was unable to pay it.
Faunier’s situation has not been the only story of the state of New Jersey’s finances.
A new law passed by the state legislature would require New Jersey residents to pay their own way for their mortgages.
The law, SB 811, passed by a wide margin, passing by a nearly two-thirds margin in the Assembly and the Senate.
The legislation requires homeowners to make the financial payments themselves, and allows New Jersey homeowners to seek help from a private lender if they can’t make payments.
“I’m not a homeowner, I’m a car person,” Fournieri said.
“I don’t live in the house, I don’t own the house.”
Fourniers finances have been on the decline, as she’s been able to pay bills off on time.
But the debt isn’t just on her mind.
She also is dealing with a growing list of health problems and debt.
“There are people who have lost their jobs, they’ve had to move, and there are other issues that I don, I can’t really explain,” Founier said.
Faunier says she’s trying to do her part to keep herself afloat and is spending money to pay back the money she owes on her mortgage.
She says she hopes to use the money for her son’s college education and her son now has a job.
She believes the bill she’s seeking helps to keep her family afloat, even if she’s paying the bills herself.
“We have to go through this process,” Fauner said.
The state’s financial aid office says it is working to help Fournyer pay the money.
The office also says the program has increased over the past few years, and says the state is helping residents pay off their loans.
For more information on Fourns situation, you can call the state Department of Banking and Finance at (609) 527-5550.