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Friday, September 19, 2008

Plan to foreclose

Have you heard the latest amoral enterprise? It's plantoforeclose.com http://plantoforeclose.com/index.html

Here's their selling point: "You're going to lose your house anyway, plan to foreclose. Live in your own house rent free for up to 18 months."

The expert they quote is a nut-case financial adviser on CNBC.

This reminds me of the "Don't Waste Your Money" segment on channel 7 in Detroit. She advised people not to waste the Economic Stimulus Package money on new purchases. She recommended paying down credit card debts and mortgages; the exact opposite of the intent of the bill.

plantoforeclose.com is bizarre concept that should be outlawed, not promoted. People will be foreclosed on without planning. We don't need people promoting it.

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