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
Tech's highest paid women Silicon Valley isn't known for its diversity, but it is home to a handful of highly paid female executives. More
9 reasons to be hopeful about women in tech These startups are working to leverage technology to level the playing field for minorities and women in tech. More
10 best states to retire in Forget Florida. Residents of these states are happy, safe, and have good health care -- all for the right price. More

Special Offer