better off keeping your home as long as you're not paying 3K+ a month and could live somewhere else for 1K, and think it's okay to file bankruptcy for yourself. But your points are valid. I understand what the OP is saying I think. The banksters are SOB's who have profited off the housing boom of the past decade and now people are suffering for it. Just a tough decision for those who are facing it. I have a family member who lost their home, it was a rough period under Der Fuhrer Shrub, but hopefully, a new home will be theirs soon.

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