Quote:
Originally Posted by AnchorAlum
Think it's over? Nah. Since only the husband filed, who's up next to file the Bankruptcy? Why you guessed it - the wife. So now we're up to another six months of living free and easy. You look in their files and they've been gaming the system for years.
The real suckers are those of us who just sent in our mortgage payment.
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Don't you think that the system as it stands in Florida enables people like this? I mean, between the rapid construction of poor-quality homes and the fact that bankruptcy laws in Florida are insanely lax, do you think that people who are financial trainwrecks come to Florida in order to "game the system," to file bankruptcy and still keep their homes and hide assets in their children's names?
I've been wondering this because whenever I read these articles, they usually are about people in Florida (and occasionally the IE and Vegas). Also, being an architect who grew up in Florida, I see these homes and I wouldn't pay $10 for them, let alone $400K. Most are constructed so horribly.