[goldstategop]

You would think they would look at the properties first. You couldn't pay me enough to buy blighted and run down buildings worth nothing in a high-crime area. That's hardly what I consider a money-making real estate deal. Where's the motivated buyer of these properties? They don't exist.

(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)

[CommandoFrank]

My question is "how do you collect that kind of debt from someone who has no money and will never get that kind of money in their life? Remember, plenty of these homes were bought 'no money down'.

Will their credit be ruined if they declare bankrupcy. Oops, what credit?