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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 (29862)4/20/2005 5:06:16 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
<<Trapped in a 2nd and 3rd on investment property? Ha ha ha, no BK!>>

Somehow I am reminded of the scene in the movie Casino where the security goon's spot a guy spooking at the blackjack table, pull him into a backroom and gleefully pull out a power saw to menace him, shouting "cheater's justice".....<G>

What happen's if you can't meet a payment schedule in Chapter 11? Debtor's prison? Forced military service? (now that's an idea, it solves Rummy's manpower problems at the same time). Damn, I really oughta be in government......<G>



To: J. P. who wrote (29862)4/20/2005 5:14:00 PM
From: BWACRead Replies (1) | Respond to of 306849
 
They just won't pay. Move to another state. Whatever. Hand it to the bank and walk away. Can't pay what you can't possibly pay. Yet anyway?



To: J. P. who wrote (29862)4/21/2005 12:22:51 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"Did this quick. Now the drawstring is cinched tight trapping all the Real Estate bagholders."

Not in Florida. Can't take your house in bankruptcy.