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To: TheSlowLane who wrote (130776)9/14/2008 11:59:33 AM
From: SwampDogg3 Recommendations  Read Replies (1) | Respond to of 313127
 
Any forgiveness of any debt balances at all whether they be mortgage or credit card will lead to those that can meet their payments to not pay as they are being punished for being prudent.
The very notion is insane and would lead to a total destruction of the system. Why pay anything if there is no consequence for not paying? We have come 180 degrees from debtor's prison.