Re: Update on youwalkaway.com


Posted by steele in minnesota on September 28, 2008 at 15:11:14:


In Reply to: Re: Update on youwalkaway.com
Posted by Paul on September 28, 2008 at 11:25:37:

I have to say I'm disappointed. Excuses and moralizing do not excuse stealing, even from a bank.

Did they borrow the money? Yes. And if the properties had appreciated would they be walking away? Ah, no.

If I borrow money for an investment or new business and it doesn't work out the way I want I have a right to cancell out my repayment or try to modify it even though I can repay? Not a chance. However, if you think so, Paul, I was wondering if I could get a $50,000 business loan from you personally :>) I promise to pay it back...

That this company offers options, fine. (Most of what they talk about is available for free but that's another story.)

But this country is not about any and all options. It's about responsible options.

I guess I am simplistic but to me stealing is stealing. One can play with contract language and i's and t's to try and get out of his/her financial responsibilties. But based on the fact that the person was just fine getting the money in the first place... We'll just add the word "cheat" to "thief".

Sorry but I feel great sympathy for the average person in foreclosure. But seeing that pipeline being clogged by the irresponsible who think that they have a right to cheat their lender just because the markets aren't kind right now. Well, they are a part of the $700 Billion bailout that I don't want to pay for, or have my children pay for.

And they thought the 80's were the "Me Generation". Welcome to the "Me only and screw everyone else Generation".

Luckily most of the people I have come in contact with are ethical, moral and pay their debts. Even when it is hard for them to do so.


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