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Every Person For Himself
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You've been hearing about people walking away from mortgages, but this article explains how some people benefit from doing so: They get to live for a few months rent-free, using the money they'd previously dedicated to their mortgage to help stabilize their businesses and the rest of their finances. They reason that they're underwater, their finances are screwed up anyway, the banks aren't going to help, so why not walk away, set themselves up with more cash in pocket, and let the banks have the place?
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