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Have You Ever Heard of a “Strategic Default”?

Posted by: Carleton Sheets in strategic default, mortgage default, mortgage, Foreclosure, financial responsibility, borrower on Jul 06, 2009.

As an entrepreneur and self-employed businessperson for over 30 years, I realize that business decisions are not always "moral" decisions. I don't mean that most of these decisions are unethical or dishonest, but that they sometimes cause hardships and stress for others. It has always saddened me to hear when companies are forced to lay off employees---especially  valued employees who've worked

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