Monday, October 19, 2009

Delaying Foreclosure - St. Petersburg Times

Delaying Foreclosure can lead to Ethical 'Heebie Jeebies':
"If you suspect foreclosure is imminent, stop making your monthly house payments. Hire a lawyer to frustrate the bank. Use the yearlong delay to build a nest egg with the deferred house payments. Enjoy living in the house mortgage-free."

I've been seeing a lot of articles like this, check out the comments to see how people are pro "walking away". When the subject of stiffing the banks started to surface about a year and a half ago, the sentiment was that these people were "typical deadbeats". Now - Not so much.

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