4 of 7
BACKNEXT
Can't borrow again
Can't borrow again
Unemployment benefits meant Tom Keevers had the resources to look for another job.
Name: Tom Keevers, 45
Location: Chicago
Unemployed since: June 2008
Benefits ended: March 2010

After being laid off from his advertising sales job in June 2008, Tom Keevers went through his savings, maxed out his credit cards, traded in his car for a used one, and borrowed money from family. That's how he managed to survive while he was getting $500 a week in unemployment benefits.

But as of late March, he is no longer getting an unemployment check. So he's going to have to make some more drastic decisions.

"Now it's not looking good," he said. "I don't know where my next mortgage payment is coming from."

Unable to turn to family again for help, Keevers said he will likely have to put his condo up for sale. He's resisted this step since the housing market in his area is weak.

This uncertainty is making his job hunt that much more difficult.

"As long as I could keep my place, I had stability so I could go out and search for work," Keevers said.

NEXT: Doesn't know where to turn

Email | Print | Share
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Last updated April 30 2010: 4:07 AM ET
More Galleries
10 of the most luxurious airline amenity kits When it comes to in-flight pampering, the amenity kits offered by these 10 airlines are the ultimate in luxury More
7 startups that want to improve your mental health From a text therapy platform to apps that push you reminders to breathe, these self-care startups offer help on a daily basis or in times of need. More
5 radical technologies that will change how you get to work From Uber's flying cars to the Hyperloop, these are some of the neatest transportation concepts in the works today. More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.