On Thu, Oct 21, 2010 at 9:05 AM, Dan Minette <danmine...@att.net> wrote:
> But, there was always a possibility that I'd be > hit by a devastating illness after the mortgage went under water, so that it > would be impossible to sell the house for enough to pay the mortgage and it > would be impossible to keep up payments. ... > Given that, do you consider it dishonorable for me to have taken out a > mortgage? Of course not. But I would expect an honorable person, if they were not foreclosed upon, and if they recovered from the illness and had a new income, to attempt to pay back the money. That would probably not be an issue if I understand the situation you described, since there probably would have been a foreclosure. Are you saying that Nick has an extreme hardship that is keeping him from paying his mortgage? _______________________________________________ http://box535.bluehost.com/mailman/listinfo/brin-l_mccmedia.com