SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jurgis Bekepuris who wrote (39725)10/18/2010 3:41:50 PM
From: Madharry   of 78740
 
There is a clear difference between a moral issue and a business transaction. When I was in banking we made commercial loans where the individual borrowers were specifically exculpated from responsibility for the loan. meaning if we couldnt collect from the sale of the property we were out of luck. In my view one could easily make the case that it is immoral to try to collect from an individual in a state where the law is clear that once you have a mortgage on the property that is all you are entitled to collect on. Once again I would find it incredible that lenders in that specific state would be unaware of the law. To me its close to trying to collect from you on a loan that was made to a relative of yours.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News