Sure the economy has hit us all hard, but when making decisions like buying a home, you have to be conservative and assume some hard times will come, and mitigate those risks. So while I am sure he thought he could afford it at the time, he took too much risk.

Also his statements of this being a temporary situation does not address other posts that indicate this has been an issue for him for a couple years.

How much does he get paid to be legislature and is he using that income to help honor his debt commitments? Is his spouse working, what other efforts is he making to honor his commitments other than hoping the bank will take it in the shorts? Asking a lender to reduce what is owed is not in my mind working on fixing the situation versus it is working on avoiding responsibility.

I also lost about $100K value in my home, I was underwater about $60K but I have still made my payments and will wait out the market and hope for a return to equity. I am not running to the bank, asking them for favors. I have not had a raise at work for about 7 years, so I have tightened my belt, sold my boat, canceled the storage rental, doing stay-cations instead of vacations, canceled Netflix and Cable, etc.

Rep. Hixon does not seem to be stating what sacrifices he is making to try to make it work, other than flowery statements of he is trying to make this temporary situation resolved while focusing on serving his constituents. Until he states what he is really doing and what sacrifices he and his family are making, I call it BS.

Clancy-
Yes, your beloved “lawmakers” are sometimes caught in the financial and legal traps that they themselves create. When you want to make an omelet…

I say give this a guy a chance to make it right or go through the process. Many people are 1 paycheck from this same situation.

Many in the private sector took some heavy financial hits!!

The haughty public sector?? Well, not so much.

Easterner:

I very much agree w your comments about banks and law enforcement!!!

As for all of you financial affairs saints commenting above, which bailed out bank do you work for??

Loaned his campaign $3500 in March 2012,http://www.sos.idaho.gov/elect/Finance/2012/PrePrimary/Candidate/10_Hixon.pdf

$750 in May 2012, and was repaid $600 in May 2012 http://www.sos.idaho.gov/elect/Finance/2012/PostPrimary/Candidate/10_Hixon.pdf

$330 in August, and was repaid the entire $3980 in August 2012: http://www.sos.idaho.gov/elect/Finance/2012/Oct10/Candidate/10_Hixon.pdf

$200 (2X100) in October and November, and was repaid the entire $200 in October and November:
http://www.sos.idaho.gov/elect/Finance/2012/PostGeneral/Candidate/10_Hixon.pdf

Also interesting in that report is a contribution from “Check Into Cash Idaho LLC” from Tennessee, for $130 (payday lender)

Paid himself $540 for “communications reimbursement” in Nov-Dec 2012

http://www.sos.idaho.gov/elect/Finance/2012/2012Annual/Candidate/10_Hixon.pdf

And paid himself another $150 on Sept 25, 2012 for “Travel.”

Mr Hixon’s facebook page shows Mr. Hixon owning a ha-huge flat screen TV and a late model SUV.

You would think that fiscal conservatives would find this information just a little bit concerning, but lo and behold, two Hixon supporters deigned to log on here, defend him, and deflect attention away from him by…wait for it… blaming Obama. In addition to demonstrating their blind Obama hatred being a substitute for rational thought, this proves yet again that being fiscally conservative isn’t the same as being fiscally responsible. Your hypocrisy is hanging way out over there in Canyon County, when you defend the likes McKenzie and McGee who sell you the the panacea of budget and tax cuts while they milk the system with questionable per diem requests. They don’t walk your talk.

Simply put, just quit making your house payments and the bank will step in and bail you out with changes to your home loan.