[familyop]

"My question is what would happen with bills, like the mortgage, in a total national and fiscal collapse? No one could pay and who’s going to collect?"

Sitting on mortgages will be like sitting on a mountain of gold. During times of extreme scarcities, one might not be able to move either, much, in exchange for useful goods. But it'll sure be worth a lot, after business resumes. Many individuals will be keeping track of all of the mortgages, because that's where their money went.

[catbertz]

Your post is closer to what I’m wondering about. Someone named Sam responded, but perhaps got the wrong impression about what I was asking. I’m not planning to welch on my debts. I’m just curious what would likely happen to these debts if the whole freakin system collapsed. Dollar dies, government fails, banks crash, possibly even civil war..you get the idea.