RE: I don't know
RE: I don't know if they can change the eiocomnc realities, but they can change the BS that some entities are spouting indicating that you can walk away without any consequences.I don't think this policy goes far enough. It really should be a lifetime ban subject to applying for exceptions. If you had a contract with someone, and they defaulted strategically, would you ever enter into another contract with that person again? I don't know why the result should (as opposed to would) be any different just because you're dealing with the government's money.Finally, when I see the list of non-recourse states, from memory it's only about 13 or so, but even those are not really non-recourse. I'd like to see a source that has decent information on creditor rights in the different states. Rate this comment: 0 0
Last edited by Muharrem; 04-18-2014 at 01:54 PM.