- This topic has 55 replies, 8 voices, and was last updated 15 years, 7 months ago by
briansd1.
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April 22, 2009 at 9:45 AM #385842April 22, 2009 at 10:11 AM #386104
The OC Scam
ParticipantThe mental illness is what drove this man to kill himself, his innocent family not the mortgage and the CC debt. Lets be real here..How many people are in 460k debt or higher and just walking away from it and starting over? I know a lot of people are… so why all this attention on the debt?? We the taxpayers will just pickup the tab either way.
As for this CFO at Freddie Mac
Come on …he hangs himself!…wow sounds like he may have read something or heard something that fried his little cushion world all around him. I’m just saying sounds like a inside job or humpty dumpty had a big fall
April 22, 2009 at 10:11 AM #386243ParticipantThe mental illness is what drove this man to kill himself, his innocent family not the mortgage and the CC debt. Lets be real here..How many people are in 460k debt or higher and just walking away from it and starting over? I know a lot of people are… so why all this attention on the debt?? We the taxpayers will just pickup the tab either way.
As for this CFO at Freddie Mac
Come on …he hangs himself!…wow sounds like he may have read something or heard something that fried his little cushion world all around him. I’m just saying sounds like a inside job or humpty dumpty had a big fall
April 22, 2009 at 10:11 AM #385590ParticipantThe mental illness is what drove this man to kill himself, his innocent family not the mortgage and the CC debt. Lets be real here..How many people are in 460k debt or higher and just walking away from it and starting over? I know a lot of people are… so why all this attention on the debt?? We the taxpayers will just pickup the tab either way.
As for this CFO at Freddie Mac
Come on …he hangs himself!…wow sounds like he may have read something or heard something that fried his little cushion world all around him. I’m just saying sounds like a inside job or humpty dumpty had a big fall
April 22, 2009 at 10:11 AM #385857ParticipantThe mental illness is what drove this man to kill himself, his innocent family not the mortgage and the CC debt. Lets be real here..How many people are in 460k debt or higher and just walking away from it and starting over? I know a lot of people are… so why all this attention on the debt?? We the taxpayers will just pickup the tab either way.
As for this CFO at Freddie Mac
Come on …he hangs himself!…wow sounds like he may have read something or heard something that fried his little cushion world all around him. I’m just saying sounds like a inside job or humpty dumpty had a big fall
April 22, 2009 at 10:11 AM #386055ParticipantThe mental illness is what drove this man to kill himself, his innocent family not the mortgage and the CC debt. Lets be real here..How many people are in 460k debt or higher and just walking away from it and starting over? I know a lot of people are… so why all this attention on the debt?? We the taxpayers will just pickup the tab either way.
As for this CFO at Freddie Mac
Come on …he hangs himself!…wow sounds like he may have read something or heard something that fried his little cushion world all around him. I’m just saying sounds like a inside job or humpty dumpty had a big fall
April 22, 2009 at 10:33 AM #386080patb
Participant[quote=ibjames]How do you end up like that, with that much credit card debt? I just don’t get it, you would have to try to get that much debt[/quote]
Use the credit cards to pay for the house in jacksonville.
as best i see it, guy gets suckered into
investing in florida real estate boom.Takes 100K out in HELOC/2nd Mortgage.
Lives large, decides to buy Primary residence in Maryland.
Wants to sell, house goes negative in 2007, begins
draining credit cards probably has 100K in credit cards, add in
late fees, overages, 28% APR, rises to 250K, fast.Decides to Kill family rather then face ignominy of Bankruptcy.
Stupid.
If he had taken the HELOC and Credit Card debt used it to
pay off house in maryland, mailed keys to bank, mailed
fuck you letter to banks, paid 900/month on
payment plan, would be fine today.Shattered credit, but, with decent income would survive.
Have wife get job, and, it would work out in end.
April 22, 2009 at 10:33 AM #385615Participant[quote=ibjames]How do you end up like that, with that much credit card debt? I just don’t get it, you would have to try to get that much debt[/quote]
Use the credit cards to pay for the house in jacksonville.
as best i see it, guy gets suckered into
investing in florida real estate boom.Takes 100K out in HELOC/2nd Mortgage.
Lives large, decides to buy Primary residence in Maryland.
Wants to sell, house goes negative in 2007, begins
draining credit cards probably has 100K in credit cards, add in
late fees, overages, 28% APR, rises to 250K, fast.Decides to Kill family rather then face ignominy of Bankruptcy.
Stupid.
If he had taken the HELOC and Credit Card debt used it to
pay off house in maryland, mailed keys to bank, mailed
fuck you letter to banks, paid 900/month on
payment plan, would be fine today.Shattered credit, but, with decent income would survive.
Have wife get job, and, it would work out in end.
April 22, 2009 at 10:33 AM #386268Participant[quote=ibjames]How do you end up like that, with that much credit card debt? I just don’t get it, you would have to try to get that much debt[/quote]
Use the credit cards to pay for the house in jacksonville.
as best i see it, guy gets suckered into
investing in florida real estate boom.Takes 100K out in HELOC/2nd Mortgage.
Lives large, decides to buy Primary residence in Maryland.
Wants to sell, house goes negative in 2007, begins
draining credit cards probably has 100K in credit cards, add in
late fees, overages, 28% APR, rises to 250K, fast.Decides to Kill family rather then face ignominy of Bankruptcy.
Stupid.
If he had taken the HELOC and Credit Card debt used it to
pay off house in maryland, mailed keys to bank, mailed
fuck you letter to banks, paid 900/month on
payment plan, would be fine today.Shattered credit, but, with decent income would survive.
Have wife get job, and, it would work out in end.
April 22, 2009 at 10:33 AM #386129Participant[quote=ibjames]How do you end up like that, with that much credit card debt? I just don’t get it, you would have to try to get that much debt[/quote]
Use the credit cards to pay for the house in jacksonville.
as best i see it, guy gets suckered into
investing in florida real estate boom.Takes 100K out in HELOC/2nd Mortgage.
Lives large, decides to buy Primary residence in Maryland.
Wants to sell, house goes negative in 2007, begins
draining credit cards probably has 100K in credit cards, add in
late fees, overages, 28% APR, rises to 250K, fast.Decides to Kill family rather then face ignominy of Bankruptcy.
Stupid.
If he had taken the HELOC and Credit Card debt used it to
pay off house in maryland, mailed keys to bank, mailed
fuck you letter to banks, paid 900/month on
payment plan, would be fine today.Shattered credit, but, with decent income would survive.
Have wife get job, and, it would work out in end.
April 22, 2009 at 10:33 AM #385883Participant[quote=ibjames]How do you end up like that, with that much credit card debt? I just don’t get it, you would have to try to get that much debt[/quote]
Use the credit cards to pay for the house in jacksonville.
as best i see it, guy gets suckered into
investing in florida real estate boom.Takes 100K out in HELOC/2nd Mortgage.
Lives large, decides to buy Primary residence in Maryland.
Wants to sell, house goes negative in 2007, begins
draining credit cards probably has 100K in credit cards, add in
late fees, overages, 28% APR, rises to 250K, fast.Decides to Kill family rather then face ignominy of Bankruptcy.
Stupid.
If he had taken the HELOC and Credit Card debt used it to
pay off house in maryland, mailed keys to bank, mailed
fuck you letter to banks, paid 900/month on
payment plan, would be fine today.Shattered credit, but, with decent income would survive.
Have wife get job, and, it would work out in end.
April 22, 2009 at 10:51 AM #386283
CoronitaParticipant[quote=patb][quote=ibjames]How do you end up like that, with that much credit card debt? I just don’t get it, you would have to try to get that much debt[/quote]
Use the credit cards to pay for the house in jacksonville.
as best i see it, guy gets suckered into
investing in florida real estate boom.Takes 100K out in HELOC/2nd Mortgage.
Lives large, decides to buy Primary residence in Maryland.
Wants to sell, house goes negative in 2007, begins
draining credit cards probably has 100K in credit cards, add in
late fees, overages, 28% APR, rises to 250K, fast.Decides to Kill family rather then face ignominy of Bankruptcy.
Stupid.
If he had taken the HELOC and Credit Card debt used it to
pay off house in maryland, mailed keys to bank, mailed
fuck you letter to banks, paid 900/month on
payment plan, would be fine today.Shattered credit, but, with decent income would survive.
Have wife get job, and, it would work out in end.[/quote]
Well, for all we know, the wife could have been filing for divorce. Some spouses aren’t so forgiving when something like this happens. Perhaps he just thought it was better to kill everyone.
I wonder when folks get into a money jam, if they actively seek help…Just seems like there are usually a lot of options.
April 22, 2009 at 10:51 AM #385630CoronitaParticipant[quote=patb][quote=ibjames]How do you end up like that, with that much credit card debt? I just don’t get it, you would have to try to get that much debt[/quote]
Use the credit cards to pay for the house in jacksonville.
as best i see it, guy gets suckered into
investing in florida real estate boom.Takes 100K out in HELOC/2nd Mortgage.
Lives large, decides to buy Primary residence in Maryland.
Wants to sell, house goes negative in 2007, begins
draining credit cards probably has 100K in credit cards, add in
late fees, overages, 28% APR, rises to 250K, fast.Decides to Kill family rather then face ignominy of Bankruptcy.
Stupid.
If he had taken the HELOC and Credit Card debt used it to
pay off house in maryland, mailed keys to bank, mailed
fuck you letter to banks, paid 900/month on
payment plan, would be fine today.Shattered credit, but, with decent income would survive.
Have wife get job, and, it would work out in end.[/quote]
Well, for all we know, the wife could have been filing for divorce. Some spouses aren’t so forgiving when something like this happens. Perhaps he just thought it was better to kill everyone.
I wonder when folks get into a money jam, if they actively seek help…Just seems like there are usually a lot of options.
April 22, 2009 at 10:51 AM #385898CoronitaParticipant[quote=patb][quote=ibjames]How do you end up like that, with that much credit card debt? I just don’t get it, you would have to try to get that much debt[/quote]
Use the credit cards to pay for the house in jacksonville.
as best i see it, guy gets suckered into
investing in florida real estate boom.Takes 100K out in HELOC/2nd Mortgage.
Lives large, decides to buy Primary residence in Maryland.
Wants to sell, house goes negative in 2007, begins
draining credit cards probably has 100K in credit cards, add in
late fees, overages, 28% APR, rises to 250K, fast.Decides to Kill family rather then face ignominy of Bankruptcy.
Stupid.
If he had taken the HELOC and Credit Card debt used it to
pay off house in maryland, mailed keys to bank, mailed
fuck you letter to banks, paid 900/month on
payment plan, would be fine today.Shattered credit, but, with decent income would survive.
Have wife get job, and, it would work out in end.[/quote]
Well, for all we know, the wife could have been filing for divorce. Some spouses aren’t so forgiving when something like this happens. Perhaps he just thought it was better to kill everyone.
I wonder when folks get into a money jam, if they actively seek help…Just seems like there are usually a lot of options.
April 22, 2009 at 10:51 AM #386144CoronitaParticipant[quote=patb][quote=ibjames]How do you end up like that, with that much credit card debt? I just don’t get it, you would have to try to get that much debt[/quote]
Use the credit cards to pay for the house in jacksonville.
as best i see it, guy gets suckered into
investing in florida real estate boom.Takes 100K out in HELOC/2nd Mortgage.
Lives large, decides to buy Primary residence in Maryland.
Wants to sell, house goes negative in 2007, begins
draining credit cards probably has 100K in credit cards, add in
late fees, overages, 28% APR, rises to 250K, fast.Decides to Kill family rather then face ignominy of Bankruptcy.
Stupid.
If he had taken the HELOC and Credit Card debt used it to
pay off house in maryland, mailed keys to bank, mailed
fuck you letter to banks, paid 900/month on
payment plan, would be fine today.Shattered credit, but, with decent income would survive.
Have wife get job, and, it would work out in end.[/quote]
Well, for all we know, the wife could have been filing for divorce. Some spouses aren’t so forgiving when something like this happens. Perhaps he just thought it was better to kill everyone.
I wonder when folks get into a money jam, if they actively seek help…Just seems like there are usually a lot of options.
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