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10-09-2008, 12:40 PM

Digging4Truth Digging4Truth is offline

Still Figuring It Out.

Join Date: Feb 2007

Posts: 10,858

Re: How to Save Money

Quote:

Originally Posted by tstew

Default on your mortgage and let the government pay it for you.

I don't think that is what they have lined up.

I think it works like this.

You default on your loan.

The bank gets your house AND they get reimbursed for the lost mortgage payments.

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