Walking Away From Your Home, For Dummies?


Brent White, a law professor has written a book for those who are faced with the painful decision for those homeowners who are so “underwater” on their homes as it relates to their mortgage indebtedness compared to the value, that they are considering whether to just walk away from their mortgage. According to White, “the bottom line is people need to make their own call. They may need help on how to think about it”. This Wall Street Journal article lays out the groundwork for those considering this possibility.

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