Replies

To: marlon

If the bank “forgives” the $75k, then it could be income. I bet the bank tries to collect it.

53 posted on 02/03/2010 10:14:28 AM PST by AppyPappy (If you aren't part of the solution, there is good money to be made prolonging the problem.)

To: AppyPappy

Correct. Either way income, or collection from the bank these people think they’re just walking away but that may not be possible.

63 posted on 02/03/2010 11:24:43 AM PST by marlon

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