There’s a reason the foreclosure process exists! It’s because it’s a clean way to get accounts settled and move on. It needs to happen. All this talk about modifications and renogiations etc, is just stalling the inevitable. The methodical process of highly leveraged assets unwinding is hard enough as it is. Throwing this into the mix only screws it up more and prolongs the pain. If you think it through, foreclosure needs to be allowed to run its course.
