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Originally Posted by mykalberta
His argument the bank wouldnt accept the 160K is complete BS. There is more to this story.
Banks dont just say umm you owe me $160K but I think I can get more. How does that make sense to anyone.
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It makes perfect sense. If they foreclose on his house they can sell it for much more then the $160k, then they pocket the profits. If they let him sell it for just what he owes then they lose the extra money. This about corporate greed and he shoved it up their arse. I think it's great he took a stand and damn the repercussions, not too many people have a set of balls that big.