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Old 03-16-2008, 11:45 AM   #1
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Should You Walk Away? - Educate Yourself On Your Rights If You Face Foreclosure. Our Website Can Help You.

Folks here seem to be on top of stuff very quickly, but in case this was missed, I thought I would post this link. Apparently there are companies that have sprung up to help folks who are upside down on their mortgage "get the most out of the situation", e.g. explaining to them how to stay in their home as long as possible w/o paying, how/when to walk away from the house, etc. Blew me away how casually some folks feel about their financial obligations.

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Old 03-16-2008, 12:15 PM   #2
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Already discussed at length on this thread

and this one

Living an analog life in the Digital Age.
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Old 03-16-2008, 12:48 PM   #3
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People who are capable of paying underwater mortgages but CHOOSE to walk away are every bit as criminal as the shady lenders who pumped this subprime crap, IMO.

I'm not talking about people who find themselves underwater after losing a job that erases their ability to pay; I'm talking about those who are choosing not to honor their obligations when they are capable of it.
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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