Quote:
Originally Posted by CRCRFT78
Whether or not this is a moral vs. immoral decision, I too lost my house about 9 months ago. The wifes company was sold and the whole staff layed off. She had 11 years with the company. All I asked for was a little help on my monthly. I made it clear I had no intentions of walking away, didn't care that the house was now worth -50%, didn't ask for my loan to be changed, I just wanted some help with my monthly payment until she was able to get back into another job. They strung me along for 5 months before they basically told me tough ****. The house sat vacant for 6 months before it finally sold again. Do I have a little resentment towards the banks, yes I do. Not everyone decides to just walk away because of a loss. I did everything I could to keep it and still got stiffed. Or at least everything I could with the knowledge I had at the time. This is why I'm taking this Investing 102 thread so serious, NEVER AGAIN will they play me for the fool.
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Man, I am sorry that it happened to you.. you seem committed to bouncing back.
I hope to let this thread steer it's way back to investing. I do not want people to feel old wounds.
Thanks for sharing your story, and I will try to share info to help going forward, and not looking back...
I had a few MAJOR setbacks in life before I got to the never again stage..
The wolves are always ready for us to make a mistake.. I had a fortune and lost it all...I rebuilt it, and now I am with you, NEVER again , will i let someone else control my life...Only the man upstairs and my Health can stop me now..
I wish you the best.. With Greg and others help, the future is ours..
