Re: walking away from mortgages

On Feb 8, 7:35 pm, Beladi Nasrallah <nasra...@xxxxxxxxx> wrote:
On Feb 9, 7:15 am, morrisjc...@xxxxxxxxx wrote:

An article about people walking away from their mortgages, who are not
in financial dire straits. Is this a start to a new trend in people
walking away from responsibility, as if it was nothing and with no
social stigma?

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/02/08/EDL2UU85A...

You hafta start readinghttp://patrick.net/housing/crash.html

Who would have thought that somebody who has a million bucks in the
bank with no outstanding debts on their credits cards, is willing to
deliberately foreclose on their mortgage? Is there absolutely no
shame left anymore in bankruptcy in america? (Whatever little shame
there was still left over in recent times).
.

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