Archive for February 4, 2010

Go Ahead, Walk Away From Your Mortgage!

Mayer Newton

Go Ahead, Walk Away From Your Mortgage!
www.businessinsider.com
Worried about being “immoral”?В  How quaint.
Roger Lowenstein gives Americans permission to do what companies do every day:1.В  Ask for a better deal, and/or
2.В  Walk away.
[V]oluntary defaults are a new phenomenon. Time was, Americans would do anything to pay their mortgage — forgo a new car or a [...]

February 4, 2010   Posted in: Bankruptcy News  No Comments