Wow.
I hope this doesn't offend anyone who is going through this first hand, but I don't understand how somebody can simply walk away from all of their personal possessions, furniture, clothes, tv, etc. Can someone enlighten me here? I figure it's one of two things:
1) People are so devestated by "losing it all" that they don't care about their personal possessions anymore. If this is the case I am truly saddened because I couldn't fathom having to experience something like that.
2) People are so far in mortgage debt and consumer debt that they are declaring backruptcy and simply walking away from their house and everything in it. Cynically, I wonder if those people simply bought a bunch of crap on credit that they couldn't afford (big house, big screen tv, electronics, new clothes, etc.), and then just left it all because it was never stuff they "needed", just stuff they "wanted". If this is the case, then I am a little disgusted that all of this stuff (that people normally work to save up for, but others have simply put on their credit card) is worthless to them and they won't even try to take it with them to start over. To leave your kid's toys? Clothing? Family photos?
I can understand people walking away from their homes/mortgages because it doesn't make any financial sense to keep them, but this is beyond anything that I had ever contemplated...
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