[quote=trying2balance]I read the link JustReader1 posted (below) and it looks like effective Sept 30 Arizona has changed its law to not allow walk-aways….
I doubt that any such law will be made to take effect. You refer to losing your $40K to banks. What about the $80K you gained on your other property? Did you get that other property by using money from banks, or did you pay all cash? Do you have any money in a bank? If the bank were made to lose the $40K, would you be OK if some of that $40K were taken from your bank deposits?
Not trying to be mean. I am just trying to point out that even nice people can be… dare I say it, selfish.