10 Answers

It depends on my situation...if I'm just broke, unemployed, or just can't afford high mortgage payments. What's the use in holding on if I'm digging myself a deeper ditch. You have to know when to hold'em and when to fold'em.

I would swallow my pride, get myself together, and start over!!!

13 years ago. Rating: 9
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See there is a movement out there challenging the legality of the banks contracts. I would fight, but that's my nature, what these banks are doing to people isn't morally right, and may not be legal. I would leave it to the courts to decide this...

13 years ago. Rating: 8
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This land has been in our family since the 1880's. We just tore down the original house and are in the process of putting up a new log home.. you betchya I would fight for it. If we did get kicked off at the very least the bank can have the basement...

13 years ago. Rating: 8
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been there tried it..cops literally escorted us off the premmises

13 years ago. Rating: 7
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Several residents where I live are challenging the banks, asking for the original paper work. So far their still in there homes. This is going on for 3+ years. The courts have instructed the lenders to show proof, and they simply do not appear in court. Why the banks haven't been held in contempt is another interesting question.

13 years ago. Rating: 7
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Why should the banks even need to show proof if you signed an agreement you should have a copy and know if you defaulted or not.
I understand that the banks should be able to show proof but you know if you weren't able to pay.
I'm sure they would try to keep someone in the house because an empty house is a place where criminals gather and strip them.

13 years ago. Rating: 7
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If I signed a loan agreement and for any reason couldn't meet it I would talk to the bank about it but if nothing could be worked out then I would leave as I broke the contract.

13 years ago. Rating: 7
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It's just the way the laws are, I guess. If you have a contract with someone and it has been broken by one or both parties, the contract must be found and shown to enforce the conditions of the contract. The banks don't really care about the human factor from what I've seen, they only care about money, and if they aren't getting it from you, they would rather have the house empty.

That way the at least have the chance to make money for a prospective buyer. They could give a hoot less about making someone homeless, it's all about the might dollar to them.

13 years ago. Rating: 7
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Good point ed, why don't the laws that apply to all of us apply to the banks? Anyone have an answer?

13 years ago. Rating: 6
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My house has been in our family since it was built.Too right id fight to keep it!! One day i hope to pass it on to my son ,but being realistic,hed sell it.He now lives 200 miles away so really i cant see him keeping it

12 years ago. Rating: 2
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