Quote:
Originally Posted by PeteMugg
I'm glad they have a good friend they can count on. I'm sure every walk-away has their own unique set of circumstances. It just seems the bottom line for most is that they live beyond their income when it isn't necessary.
I wish your friends the best of luck getting back on track.
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If you are talking about the general morality of it, there is none to me. The banks have pillaged this country to no end and they can break whatever agreements they want and get whatever bailouts they want. Why people don't jingle mail them to death is beyond me...Unless you love where you are living a mortgage can be broken like anything else. You are going to face years of sh.it credit and if you know the ramifications and live in a state without recourse, you're stupid not to walk.