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Old 03-30-2010, 10:58 PM   #12
lumberjim
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Join Date: Oct 2003
Posts: 25,571
Quote:
Originally Posted by Pie View Post
There's also the issue of 'fairness'. Businesses have been defaulting on their own 'bad' debt left and right; why should an individual not have the same recourse? If it's good enough for Wall Street, why is the consumer held to a higher standard?
seriously. are you suggesting that it should be alright for a mortgage holder to default on their loan because the value of the collateral is not what it once was...BECAUSE some businesses have defaulted on their obligations?
Seriously?
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