I don’t buy “really flakey”. There is such a lack of personally responsibility in today’s society. So let me get this straight:
1. Buys a house he couldn’t afford.
2. Probably went into a toxic loan.
3. Either never read the loan documents or did read them, realized they were crap but assumed he could refinance.
4. Decided to stop paying his bills.
5. Got many noticed over 10 months but decided to tell the lender “Go To Hell” and continued to not payment.
6. Lender foreclosed on his deliquent ass.
And now you/he feel he is entitled for $100k in equity? Get real.
