Www.youwalkaway.com teaches people how to not pay their mortgage, stay in their homes and walk away from their mortgage obligations. Is this an ethical business?
by 
Someguy
ANSWERS: 3
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No. They actually teach people how to work through the foreclosure process or deed in lieu of foreclosure. Ethical should be related to each situation individually. If one can not pay, is it ethical to pretend that you can? Is it ethical to deprive your family of the necessities of life if situations have changed? Ethical is doing the right thing. Sometimes the right thing is admitting your situation is beyond your control and seeking aid to resolve the problem. I believe that they are the natural progression from predatory lenders. They appeal to the desperate. If you stop paying your mortgage, you can safely assume it will be longer than 8 months under current conditions before the bank can foreclose and demand you leave. You can send letters requesting that you not be contacted about the debt. This company offers nothing of substance and charges a fee for it. They also rope the customer into their “credit repair” plan which “usually has foreclosures removed”. It is preying on the weak.
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No, that doesn't seem right to me at all.
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I'm not totally informed about this but I would say if someone found a legitimate way to do it without riding a loophole or changing the law to only benifit them then good for them for finding it out before the rest of us but if done illegally the government will catch on and torch their asses if they did it in a fraudulent manor
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