Strategic Default: Part 1 of 3
March 23, 2010 by Heather Culp
Filed under Asset Planning & Protection, Recent News
“Strategic default” is a conscious decision by a borrower to stop paying the mortgage(s) on a real property even though the borrower can afford the payment(s). It can happen for a number of reasons and is not a decision to be made lightly or without education about the legal, tax and credit consequences. We have counseled [...]
