The market is working it out

As we knew it would.

YouWalkAway.com.

Easy-Foreclosures-For-Those-Who-Have-Little-Honor

Wow. Hat tip to the Big Picture.

They’re in in for the long-haul, though:

Registrar: GODADDY.COM, INC.
  Whois Server: whois.godaddy.com
  Referral URL: http://registrar.godaddy.com
  Name Server: NS1.SERFZUPONLINE.COM
  Name Server: NS2.SERFZUPONLINE.COM
  Status: clientRenewProhibited
  Status: clientTransferProhibited
  Status: clientUpdateProhibited
  Status: clientDeleteProhibited
  Updated Date: 26-dec-2007
  Creation Date: 06-dec-2007
  Expiration Date: 06-dec-2008

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2 Comments

  1. TrvlnMn January 30, 2008 at 23:13

    I think we will be seeing a lot more of this sort of thing in the future as shirking this financial obligation becomes acceptable.

    It was odd to see someone on the “Today Show” this morning discussing “walking away” as an acceptable solution with the pros and cons and variety of ways to “walk away”.

    Reply
  2. Jim Duncan January 31, 2008 at 07:32

    Agreed. The concept of abandoning one’s moral and ethical obligation to pay a debt is so foreign to some, they just can’t comprehend it. On the other had, it comes so easily to others that they seem flippant.

    “Jingle mail” is about to enter everyday vernacular, I’m afraid.

    Reply

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