Blog
May 1st, 2009 (Modified on May 4th, 2009)

Foreclosed Pets

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There are many unfortunate byproducts of a home foreclosure. A growing cause for concern amongst animal rights activists has been the growing number of abandoned pets left behind when families are forced to leave their homes.

Too often the owner’s new living arrangements don’t allow animals. Rather than finding an adequate living situation for their pets, many feel as though they have no other option than to leave their pets behind.

From the Washington Times:

Although no hard numbers are available on how many pets have become casualties of the financial crisis, [ASPCA Executive Vice President Stephen] Zawistowski points out that one in every 117 homeowners is in danger of losing a home, while 63 percent of homes have more than one pet. That adds up to hundreds of thousands of pets potentially abandoned.

Experts will tell you that there are three main reasons to why foreclosed pets are abandoned: neglect, ignorance, or the law. Some pet owners simply view their animals as pieces of property, says Elizabeth Weintraub of About.com. “They see a pet as property, no different than a worn sofa tossed into the alley when the springs pop.”

Others either do not know how to get in touch with an animal shelter, or fear sending their pets to a shelter that will euthanize. According to NoPawsLeftBehind.org, “Animal Shelters without a No Kill policy euthanize about 61% of dogs and 75% of cats¬†annually, nationwide.¬† That totals more than 12 million dogs and cats euthanized each year and millions more are abandoned.”

Lastly, in most states the legal definition of pets is that of “personal property.” After a foreclosure, personal property is not seized by the bank or collection agency until after a set period of time (it can be days, weeks, or even months).

There are many resources and options for foreclosed pets. Click here to locate either a “no kill” shelter, foster shelter, or all other shelters in your area.

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2 Responses to “Foreclosed Pets”

  1. sara Says: December 28th, 2009 at 1:39 am

    Nice blog
    sara
    Cat Grooming

  2. george Says: January 13th, 2010 at 8:06 am

    we have new foreclsoed site at foreclosedbybank.com

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HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

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Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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