Home › Forums › Housing › Nine houses lost, investor reflects on ‘stumbles’: California man speculated with ‘neg-am’ loans, now says it was mistake
- This topic has 55 replies, 9 voices, and was last updated 15 years, 11 months ago by
pencilneck.
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May 12, 2008 at 12:40 PM #202827May 12, 2008 at 12:48 PM #202703
CoronitaParticipantNo, I think the person filing for BK because he really is screwed. Poor chap. But at least he admits getting in over his head.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
May 12, 2008 at 12:48 PM #202752CoronitaParticipantNo, I think the person filing for BK because he really is screwed. Poor chap. But at least he admits getting in over his head.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
May 12, 2008 at 12:48 PM #202777CoronitaParticipantNo, I think the person filing for BK because he really is screwed. Poor chap. But at least he admits getting in over his head.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
May 12, 2008 at 12:48 PM #202802CoronitaParticipantNo, I think the person filing for BK because he really is screwed. Poor chap. But at least he admits getting in over his head.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
May 12, 2008 at 12:48 PM #202836CoronitaParticipantNo, I think the person filing for BK because he really is screwed. Poor chap. But at least he admits getting in over his head.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
May 12, 2008 at 2:22 PM #202768seattle-relo
ParticipantI think filing for bankruptcy qualifies him as being “insolvent”, which then allows him to avoid paying taxes on all the “debt forgiveness”.
Well hopefully he has certainly learned a major life lesson.May 12, 2008 at 2:22 PM #202815ParticipantI think filing for bankruptcy qualifies him as being “insolvent”, which then allows him to avoid paying taxes on all the “debt forgiveness”.
Well hopefully he has certainly learned a major life lesson.May 12, 2008 at 2:22 PM #202840ParticipantI think filing for bankruptcy qualifies him as being “insolvent”, which then allows him to avoid paying taxes on all the “debt forgiveness”.
Well hopefully he has certainly learned a major life lesson.May 12, 2008 at 2:22 PM #202867ParticipantI think filing for bankruptcy qualifies him as being “insolvent”, which then allows him to avoid paying taxes on all the “debt forgiveness”.
Well hopefully he has certainly learned a major life lesson.May 12, 2008 at 2:22 PM #202899ParticipantI think filing for bankruptcy qualifies him as being “insolvent”, which then allows him to avoid paying taxes on all the “debt forgiveness”.
Well hopefully he has certainly learned a major life lesson.May 12, 2008 at 2:33 PM #202778patientlywaiting
Participant"It really wasn't until five months ago that I realized, 'Hey, you know what? Not only am I going to lose everything I have invested but this is going to force me into bankruptcy," he said.
Piggs saw it coming years ago.
May 12, 2008 at 2:33 PM #202825Participant"It really wasn't until five months ago that I realized, 'Hey, you know what? Not only am I going to lose everything I have invested but this is going to force me into bankruptcy," he said.
Piggs saw it coming years ago.
May 12, 2008 at 2:33 PM #202851Participant"It really wasn't until five months ago that I realized, 'Hey, you know what? Not only am I going to lose everything I have invested but this is going to force me into bankruptcy," he said.
Piggs saw it coming years ago.
May 12, 2008 at 2:33 PM #202876Participant"It really wasn't until five months ago that I realized, 'Hey, you know what? Not only am I going to lose everything I have invested but this is going to force me into bankruptcy," he said.
Piggs saw it coming years ago.
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