gasperc
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Mon Jan-28-08 10:06 AM
Response to Reply #4 |
| 24. that was a great report |
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It had interesting balance. Turns out if you give people money for free, they'll take it, who would have thunk it?
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| -Another Facet to the Foreclosure Explosion: Homedebtors DELIBERATELY Choosing Foreclosure - LAT |
El Pinko |
Jan-28-08 08:39 AM |
#0 |
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My nominee for neologism of the year, 2008 - "jingle mail" |
hatrack |
Jan-28-08 08:42 AM |
#1 |
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The Inevitable Consequence of the Recently Passed Bankruptcy Laws |
Demeter |
Jan-28-08 08:42 AM |
#2 |
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Exactly. It's a bad "be careful what you ask for" situation come true |
Gman |
Jan-28-08 08:48 AM |
#8 |
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Biden's law? |
Supersedeas |
Jan-28-08 04:47 PM |
#49 |
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I hate to be so technical, but |
JuniorPlankton |
Jan-28-08 08:44 AM |
#3 |
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This behavior was featured on "60 Minutes" last night... |
TwoSparkles |
Jan-28-08 08:45 AM |
#4 |
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I saw that piece |
Mojorabbit |
Jan-28-08 08:52 AM |
#12 |
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I see a complete disaster....like the worst recession ever... |
TwoSparkles |
Jan-28-08 09:34 AM |
#19 |
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My hubby is a family physician |
Mojorabbit |
Jan-28-08 10:51 AM |
#35 |
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If the house is in a good location you can ride it out and still make money |
CTyankee |
Jan-28-08 04:01 PM |
#47 |
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that was a great report |
gasperc |
Jan-28-08 10:06 AM |
#24 |
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Indeed it was. We bought our dream home last year |
blondeatlast |
Jan-28-08 10:55 AM |
#37 |
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It finally sunk in - that giant sucking sound - those jobs.... |
InkAddict |
Jan-28-08 11:14 AM |
#39 |
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I actually think this is pretty funny. |
Vickers |
Jan-28-08 08:46 AM |
#5 |
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During the oil bust in the 80's |
Gman |
Jan-28-08 08:47 AM |
#6 |
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Maintaining good credit ratings will certainly slip. |
peacebuzzard |
Jan-28-08 08:48 AM |
#7 |
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Depends on the state. |
JDPriestly |
Jan-28-08 09:22 AM |
#17 |
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Damn Leeches. I'll bet this problem is as rampant as the Welfare Queens |
Wickerman |
Jan-28-08 08:49 AM |
#9 |
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I have had more than my share of fun by pointing out to wingers that |
Gman |
Jan-28-08 08:53 AM |
#13 |
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HAH! You nailed it! nt |
zanne |
Jan-28-08 08:56 AM |
#14 |
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I didn't read that value judgement into the piece. |
El Pinko |
Jan-28-08 08:58 AM |
#15 |
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That's what I'm saying. It's not honorable to walk away, but does it makes sense? |
closeupready |
Jan-28-08 09:45 AM |
#21 |
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Perhaps you didn't, but the OP said |
Wickerman |
Jan-28-08 10:15 AM |
#27 |
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I'm sorry if the homedebtor thing had that connotation. |
El Pinko |
Jan-28-08 10:33 AM |
#31 |
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"Honor" and a secured loan.... |
jberryhill |
Jan-28-08 10:23 AM |
#29 |
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Very good point. |
El Pinko |
Jan-28-08 10:38 AM |
#32 |
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were you by any chance a Reagan Democrat? |
eShirl |
Jan-28-08 09:07 AM |
#16 |
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Certainly not, and before I openly personally attack someone |
Wickerman |
Jan-28-08 10:09 AM |
#25 |
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I caught your sarcasm, but am not surprised at the misunderstanding... |
El Pinko |
Jan-28-08 10:13 AM |
#26 |
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I thought the final sentence of the post was more than adequate n/t |
Wickerman |
Jan-28-08 10:17 AM |
#28 |
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it was, but some people are way too conditioned to the sarcasm smilie... |
QuestionAll |
Jan-28-08 10:54 AM |
#36 |
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An excellent observation. |
Gormy Cuss |
Jan-28-08 12:51 PM |
#42 |
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two-step |
enid602 |
Jan-28-08 08:51 AM |
#10 |
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Texas and Florida, the deadbeat states |
formercia |
Jan-28-08 03:18 PM |
#43 |
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I've begun to think most Americans are too ignorant to live. I watch a lot of HGTV and |
sinkingfeeling |
Jan-28-08 08:52 AM |
#11 |
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I'm losing my house on Thursday, |
PRETZEL |
Jan-28-08 09:29 AM |
#18 |
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I'm sorry for what you've been going through. |
El Pinko |
Jan-28-08 09:49 AM |
#22 |
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thanks, |
PRETZEL |
Jan-28-08 10:48 AM |
#34 |
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In some cases, it probably IS a smart move, isn't it? |
closeupready |
Jan-28-08 09:37 AM |
#20 |
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The greedy loan sharks must be in anger n/t |
conspirator |
Jan-28-08 09:57 AM |
#23 |
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i know someone who did this |
pitohui |
Jan-28-08 10:31 AM |
#30 |
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The problem is not that they will walk away, the problem is they may stay and not pay. |
ThomWV |
Jan-28-08 10:42 AM |
#33 |
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Maybe We'll All Get Squatters' Rights |
Crisco |
Jan-28-08 10:57 AM |
#38 |
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this is why prospective buyers USED to have to put 30% DOWN |
SoCalDem |
Jan-28-08 12:21 PM |
#40 |
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Sickening. I'm so sorry. |
blondeatlast |
Jan-28-08 03:47 PM |
#44 |
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Color the lenders shocked, shocked! |
gratuitous |
Jan-28-08 12:35 PM |
#41 |
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Aren't there significant tax implications involved here, as 'forgiven debt' which in AZ, I believe, |
AzDar |
Jan-28-08 03:48 PM |
#45 |
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Won't they still have to pay what the bank losses when they sell the house at auction? |
sarcasmo |
Jan-28-08 04:00 PM |
#46 |
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Yes, but... |
jberryhill |
Jan-28-08 05:01 PM |
#50 |
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Hi, welcome to capitalism 101. |
Rex |
Jan-28-08 04:03 PM |
#48 |
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I know two people that are doing that. Free living for months. |
Neshanic |
Jan-28-08 05:12 PM |
#51 |
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When nobody's left to give a damn about credit scores, what then? |
hunter |
Jan-28-08 06:19 PM |
#52 |
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