Just like I have "no problem" with people walking away on upside down mortgages - it fucks the bank hard core, the people get poor credit for a year but likely save themselves tens of thousands of dollars. They're merely exercising their right to not pay and have the bank engage in the proscribed foreclosure.
Oooh, how ANARCHIST of you...
I think you seriously misunderstand how foreclosure works. Your credit doesn't magically get better after a year.
You get my point. You just don't like it, so you refuse to acknowledge it.
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timeasmymeasure
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Date: 2009-10-13 04:57 pm (UTC)Oooh, how ANARCHIST of you...
I think you seriously misunderstand how foreclosure works. Your credit doesn't magically get better after a year.
You get my point. You just don't like it, so you refuse to acknowledge it.