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Study claims a third of those facing foreclosure have depression

According to one study, a full 37 percent of people who are facing foreclosure could have major depression. They met the criteria.

If that's not bad enough, the study also found that almost 50 percent of these individuals showed some symptoms of depression, even if it wasn't bad enough to qualify medically as major depression. Some of the symptoms that were found with these groups included thoughts of suicide, fatigue, feeling hopeless, trouble focusing, feeling worthless, feeling irritable and having problems sleeping.

Depression is a serious medical condition, and it wasn't the only way that foreclosure was connected to medicine, health and wellness. For example, those who were not going through the foreclosure process reported that a mere 15 percent did not get a prescription medication filled because it cost too much. For those who were going through foreclosure, the total was 48 percent.

On top of that, the majority -- 60 percent -- claimed they had been forced to skip or put off meals because food simply cost more than they could spend.

These things could be tied together in numerous ways. For example, would people be more likely to feel depressed when knowing they couldn't put food on the table? Would they be more likely to have suicidal thoughts and other symptoms of depression because the prescriptions they didn't fill were for depression?

What is very clear is that foreclosure can impact your life in many ways. It's critically important to know how the legal process works and what options you have to get over these financial hurdles.

Source: Live Science, "Study: Foreclosures Causing Major Mental Depression," accessed July 06, 2017

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