YouWalkAway.com was one of those “right place, right time” startups

Posted by Sam Glover on March 6, 2008 | Permalink

Looks like YouWalkAway.com was one of those “right place, right time” startups. Bloomberg reports that foreclosures are skyrocketing as more and more homeowners just give up. Mortgages are secured loans, after all. Banks just never counted on having to accept the collateral instead of the payback. [via Consumerist]

Brad Perri, bankruptcy attorney at Weikel Law Firm, LLC

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Filed under: Coping With Credit & Debt, blurbs

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