I have read all of the comments below. Some of them surprise me. In other forums we talk about helping neighbors and friends when they hit a rough spot, i.e., tractor(s) down and cattle need fed, electrical problems in wiring in house, advice on fixing tractor or implements...
We do it because we want to and it helps someone.
Now, we have a guy who has hit a rough spot in his life and some on here say "hey, you signed the loan papers and noboby forced you to. So, you have to give up you house/property.
The house sits empty for quiet some time until the bank can unload it, if at all. Usually at a lot less than was loaned for it. Why can"t the bank say...Let us work with you so you can keep your house and we will still get paid when your prospects pick back up. Obviously, here is a guy willing to try to pay his mortgage but the bank is not willing to accommodate, at least until this economy gets better.
Why won"t the bank work with him, instead of against him?
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