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Old 04-22-2010, 04:02 PM
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benhogan benhogan is offline
CPA/Greasemonkey
 
Join Date: Aug 2009
Location: Chapel Hill
Posts: 1,092
Regarding walking away from the mortgage.

It has absolutely nothing to do with honor or ethics. If you don't have the money to pay the mortgage, the mortgage is not going to get paid. It is as simple as that.

There are consequences of course (stained credit, etc.), but it has absolutely nothing to do with ethics.
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