One of the real questions that self-storage operators regularly face is whether they are emotionally ready to sell a tenant’s property because the rent hasn’t been paid. These operators understand their statutory and legal rights to sell a tenant’s property, but must face the pleas and promises of their tenants who are seeking "one more month" or "one more chance" to pay to avoid the loss of their possessions. The answer for many operators has been to delay sending lien notices, waiting to publish ads or foregoing their auctions altogether, hoping that their tenants can cure their debts and avoid the impending foreclosures. But these actions have unintended consequences which may affect the operator’s overall lien rights.

Many Americans are indoctrinated at an impressionable age to believe that this is a do-it-yourself nation. As such, we capitulate to the need for the federal government as long as it does not abusively pervade our institutions of commerce; therefore, on principal, we tend to oppose federal bailouts of failed businesses. However, in early 2009, we find ourselves embroiled in a confluence of too much creative destruction in the midst of a dynamic situation's unfolding with many elements still at play. This environment is so dangerous that the constraints we place upon the federal government are interrupted, and a call for the government’s power to restart credit markets and restore stability is needed.