As far as the couple featured. i think one thing to point out..What really did the couple have to lose? You had a couple who’s future didn’t look promising to begin with, so desperate to ride a rollercoaster for $50k. So doing the RE thing that required little skills for quick buck would have been the best thing for them at the time. Yeah, so they will get a ding on their credit. Yeah, they might even have to file for bankruptcy…The only one who’s really getting hurt here are the banks and eventually the tax payers.

FLU That’s what I was thinking.

They may even squeeze out a little net worth compared to where they would have been. I am sure they have learned a lot of things that have potential to be useful now and in the future.