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Old Aug 3, 2008 | 04:19 AM
  #1  
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Foreclosure is a process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property securing the loan. The foreclosure process begins when a borrower/owner defaults on loan payments (usually mortgage payments) and the lender files a public default notice, called a Notice of Default or Lis Pendens. The foreclosure process can end one of four ways:

1. You can sell your wife/girlfriend as a prostitute and hopefully stay current on the bills without being found out by the police.
2. You can sell videos of your wife/girlfriend in compromising positions via the internet. (hey, it worked for Paris, didn't it?)
3. You can stop paying and keep living in the house in the hopes that the bank that gave you the loan will be so worried about staying afloat that they won't notice you've become a deadbeat.
4. You can lose your house because you were an idiot and overextended
5. You can rent out a room to WSB, and use his money to pay for your lavish lifestyle while you default on your mortgage.
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Old Aug 3, 2008 | 09:03 AM
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Old Aug 3, 2008 | 10:29 AM
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thats 5 ways
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Old Aug 3, 2008 | 01:06 PM
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I'll choose 5.
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Old Aug 3, 2008 | 02:08 PM
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6. You can rent out your house for a Con, and let the bank cover all the damages.
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Old Aug 3, 2008 | 02:54 PM
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5 might be cheaper. Depends on which situation yields more puke on the floor (twixt 5 or 6)
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Old Aug 3, 2008 | 08:00 PM
  #7  
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Correction on #5...I don't think he paid rent...

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Old Aug 4, 2008 | 07:39 AM
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