Scam or Option?
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Scam or Option?
| Tue, 04-07-2009 - 10:46am |
I am teaching a group of younger people (late twenties) and they were talking about financial
| Tue, 04-07-2009 - 10:46am |
I am teaching a group of younger people (late twenties) and they were talking about financial
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I think that's a terrible option.
I don't think the idea was so "new" but the passion and frivolous way these folks all talked about it was so matter-of-fact, without any kind of remorse - almost with a sense of brivado.
Whether or not the lease was "real" was not so much the issue, as much as it is that they would have a "lease" of some type with the total intention to have the original home foreclosed upon.
Oh wow. All of that is just gross. People never cease to amaze me.
I'd have to go back and do some research, and I don't have time at the moment, but well over 1/2 of all bankruptcies filed are because of medical bills, little or not health insurance, and loss of jobs, and that's not even getting into
Two points (all right, maybe more than two):
1.
I haven't seen statistics at the Department of Justice that break down filings into precise reasons.
I will agree, no your post didn't say "low life deadbeats", but having worked and lived through a bankruptcy, that is what most people's minds when they find out and haven't been through the ordeal themselves.
Agree with you totally on the part about education!
I understand that this is probably legally acceptable, etc., but my opinion is that it is morally reprehensible to
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