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

Posted on 10/11/12 at 11:53 am to
Posted by AngryBeavers
Member since Jun 2012
4554 posts
Posted on 10/11/12 at 11:53 am to
quote:

Why do you think so many people regard it as a moral obligation, though?


For some people Ethics and Morals are one in the same.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
432040 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?
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