Minnesota Bankruptcy and Housing Blog by Elizabeth Rosar Chermack, Attorney at Law » Blog Archive » Strategic Default

Strategic Default

May 10th, 2010

Last night, on 60 Minutes, there was a segment about people strategically defaulting on their mortgages. Watch the video to gain some insight into why people are doing it, and how they struggled with deciding whether they should do it.

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Minnesota Bankruptcy and Housing Blog by Elizabeth Rosar Chermack, Attorney at Law

Elizabeth Rosar Chermack, Attorney at Law

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