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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: J. P. who wrote (29857)	4/20/2005 4:36:03 PM
From: BWAC	Read Replies (1) \| Respond to of 306849

"If your income is level, and your ARM payments are going up, and your credit card payments are going up, and you can't afford the payments, and your home has negative equity, and you can't declare bankruptcy, what are you going to do?" Vote for Jeb in 2008 and invade Iran?

To: J. P. who wrote (29857)	4/20/2005 4:39:35 PM
From: mishedlo	Read Replies (2) \| Respond to of 306849

Bankruptcy bill will backfire: globaleconomicanalysis.blogspot.com

To: J. P. who wrote (29857)	4/20/2005 4:58:03 PM
From: bentway	Read Replies (1) \| Respond to of 306849

You'll be forced to declare Chapter 7 and have a payment schedule set up by the courts. Home detention debtor's prison. I pity most the people forced into bankruptcy by catastrophic illness. Even they get no slack in the new bill. I see many simply not playing, dropping out, joining the cash-only underclass, the homeless, turning to crime.