5 step Bailout Plan

[contraman]

Kewp,

Your right. All these banks are going to spend millions more (that they don’t have) on expensive “judicial foreclosures” to try to get judgments against 90% of people who are foreclosing.

Then after this expensive pursuit, they get the judgment against a person who a) can’t pay the judgment b)will most likely Bk out of the judgment.

Kewp, don’t kid yourself. Go read the RE laws online about the process taken by a bank to have to get one of these judgments….it’s all about the money for these banks….it costs too much versus trustee sale….too risky….

I know you don’t like to hear this but it’s the way the cookie crumbles….

Sincerely, Contraman

[kewp]

Then after this expensive pursuit, they get the judgment against a person who a) can’t pay the judgment b)will most likely Bk out of the judgment.

Thanks to Bush, bankruptcies ain’t what they used to be. Its much, much harder to get out from under debt than it used to be.

[kewp]

Then after this expensive pursuit, they get the judgment against a person who a) can’t pay the judgment b)will most likely Bk out of the judgment.

Thanks to Bush, bankruptcies ain’t what they used to be. Its much, much harder to get out from under debt than it used to be.

[kewp]

Then after this expensive pursuit, they get the judgment against a person who a) can’t pay the judgment b)will most likely Bk out of the judgment.

Thanks to Bush, bankruptcies ain’t what they used to be. Its much, much harder to get out from under debt than it used to be.

[kewp]

Then after this expensive pursuit, they get the judgment against a person who a) can’t pay the judgment b)will most likely Bk out of the judgment.

Thanks to Bush, bankruptcies ain’t what they used to be. Its much, much harder to get out from under debt than it used to be.

[kewp]

Then after this expensive pursuit, they get the judgment against a person who a) can’t pay the judgment b)will most likely Bk out of the judgment.

Thanks to Bush, bankruptcies ain’t what they used to be. Its much, much harder to get out from under debt than it used to be.

[cr]

The fatal flaw of this plan is not in the plan itself, but that it’s only relevant to people who were too dumb to understand what they could or could not afford when buying a house in the first place, and in most used cases the worst possible form of financing.

Your advice, troubling as it may be to honest money savers, and people live within their means is the same type of advice these people ignored when buying in the first place.

These people won’t save money they would otherwise put towards a mortgage if they stop paying, they’ll spend it. And credit card debt doesn’t go away after 2 years.

[cr]

The fatal flaw of this plan is not in the plan itself, but that it’s only relevant to people who were too dumb to understand what they could or could not afford when buying a house in the first place, and in most used cases the worst possible form of financing.

Your advice, troubling as it may be to honest money savers, and people live within their means is the same type of advice these people ignored when buying in the first place.

These people won’t save money they would otherwise put towards a mortgage if they stop paying, they’ll spend it. And credit card debt doesn’t go away after 2 years.

[cr]

The fatal flaw of this plan is not in the plan itself, but that it’s only relevant to people who were too dumb to understand what they could or could not afford when buying a house in the first place, and in most used cases the worst possible form of financing.

Your advice, troubling as it may be to honest money savers, and people live within their means is the same type of advice these people ignored when buying in the first place.

These people won’t save money they would otherwise put towards a mortgage if they stop paying, they’ll spend it. And credit card debt doesn’t go away after 2 years.

[cr]

The fatal flaw of this plan is not in the plan itself, but that it’s only relevant to people who were too dumb to understand what they could or could not afford when buying a house in the first place, and in most used cases the worst possible form of financing.

Your advice, troubling as it may be to honest money savers, and people live within their means is the same type of advice these people ignored when buying in the first place.

These people won’t save money they would otherwise put towards a mortgage if they stop paying, they’ll spend it. And credit card debt doesn’t go away after 2 years.

[cr]

The fatal flaw of this plan is not in the plan itself, but that it’s only relevant to people who were too dumb to understand what they could or could not afford when buying a house in the first place, and in most used cases the worst possible form of financing.

Your advice, troubling as it may be to honest money savers, and people live within their means is the same type of advice these people ignored when buying in the first place.

These people won’t save money they would otherwise put towards a mortgage if they stop paying, they’ll spend it. And credit card debt doesn’t go away after 2 years.

[contraman]

Kewp, Please fill me in on the “specific” BK law changes and why it is “harder these days”.

Please show me in the new BK law the place where a person cannot BK a deficiency judgment.

It’s easy to just say it’s harder these days…but that doesn’t mean it is impossible or that people aren’t doing it with good attorneys……

It’s easy to just say that people who refinanced and cashed out will have to pay the banks back…but the REALITY is…..it ain’t so…..

Sincerely, Contraman

[contraman]

Kewp, Please fill me in on the “specific” BK law changes and why it is “harder these days”.

Please show me in the new BK law the place where a person cannot BK a deficiency judgment.

It’s easy to just say it’s harder these days…but that doesn’t mean it is impossible or that people aren’t doing it with good attorneys……

It’s easy to just say that people who refinanced and cashed out will have to pay the banks back…but the REALITY is…..it ain’t so…..

Sincerely, Contraman

[contraman]

Kewp, Please fill me in on the “specific” BK law changes and why it is “harder these days”.

Please show me in the new BK law the place where a person cannot BK a deficiency judgment.

It’s easy to just say it’s harder these days…but that doesn’t mean it is impossible or that people aren’t doing it with good attorneys……

It’s easy to just say that people who refinanced and cashed out will have to pay the banks back…but the REALITY is…..it ain’t so…..

Sincerely, Contraman

[contraman]

Kewp, Please fill me in on the “specific” BK law changes and why it is “harder these days”.

Please show me in the new BK law the place where a person cannot BK a deficiency judgment.

It’s easy to just say it’s harder these days…but that doesn’t mean it is impossible or that people aren’t doing it with good attorneys……

It’s easy to just say that people who refinanced and cashed out will have to pay the banks back…but the REALITY is…..it ain’t so…..

Sincerely, Contraman

[Author]

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