Saturday, June 14, 2014

Debt Default: Borrowers who strategically defaulted early on made the best choice

I first began writing about strategic default back in 2008 in the post Should you walk away from home debt?. Many people were facing a cost of ownership greatly exceeding the cost of a comparable rental, and with declining prices, they were sinking underwater and had no realistic hope of future...
Borrowers who strategically defaulted early on made the best choice




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