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re: Is "walking away" from a mortgage wrong?

Posted on 10/11/12 at 11:55 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423382 posts
Posted on 10/11/12 at 11:55 am to
quote:

For some people Ethics and Morals are one in the same.

other than the misleading i spoke of earlier, how is this an ethical or moral issue?

there is an agreement with defined penalties for breach. there are secondary costs to both as a result of the breach that are known before hand. where do ethics or morals come into play?
Posted by AngryBeavers
Member since Jun 2012
4554 posts
Posted on 10/11/12 at 11:56 am to
Not paying a bill when you have the ability to do so is unethical and immoral. That is just my opinion and the way I view it when I get into a contract.
Posted by ItNeverRains
37069
Member since Oct 2007
25577 posts
Posted on 10/11/12 at 11:59 am to
Its ridiculous. If you come home and your wife is being trained by asian midgets, are you staying with her because of the kinship contract by marriage?

Every situation is different, get off your high horses. Not saying its always right, but certianly not always wrong to break a contract
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