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To: kbennkc

“None of us can be really sure without reviewing the documents and facts , but I am pretty sure of one thing. If the home buyer had made his payments as agreed there would not have been a foreclosure.”

I agree so my sympathy does not go with the home occupier. I am not sure about the morality of Chapter 13 to avoid foreclosure. One could argue that Chapter 13 provides incentive by home occupiers to stiff the note holders.


13 posted on 02/10/2011 10:04:12 AM PST by businessprofessor
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To: businessprofessor
If the debtor has no equity in the property, and Chapter 13 allows him to avoid foreclosure, then the law is an ass, an idiot.
14 posted on 02/10/2011 10:10:44 AM PST by kbennkc (For those who have fought for it, freedom has a flavor the protected will never know.)
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