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

Posted on 10/16/12 at 8:14 am to
Posted by frb1951
Member since Apr 2012
60 posts
Posted on 10/16/12 at 8:14 am to


A man is only as good as his word.
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 10/16/12 at 8:24 am to
You would only be breaking your word if you signed the mortgage but didn't surrender the property to the bank upon default. Otherwise, if you default (no matter why) and you surrender the collateral, you are a man of your word.

Am I taking crazy pills? Why do you and Grant not get this?
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