Boomers on their way to find a way to fuck over their kids even in the grave

boomers on their way to find a way to fuck over their kids even in the grave

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Not actually legal. It’s a scam.
The kid fights the inherited debt, is released because of legality, then the government has to bail out the banks over the debt.
Same story as every time.

So after death the mortgage falls to the kids, he can either continue paying bill, sell house and recoup equity, or let the house be repossessed

With Jews
You lose

or refinance to better terms

You are not qualified to speak on this topic. In 2003 when I worked for Wells Fargo home mortgage designing software there were loans issued on 45 year terms.

doing a great job there Chaim

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The average slave wage drone needs to wakeup and finally realize that you dont need to buy alot of useless shit and you certainly dont need a McMansion.

How awfully antisemitic of you.

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The illegal part is the inherited debt.

You could come up with a scheme where parents and children co-sign a 60 year mortgage, but the kids would have to already be 18

so basically your kids aren't leaving the nest

lmao this is not a thing kids cant be forced to agree and wont be held accountable for debt taken by their parents in their name without their consent

>a way to fuck over their kids even in the grave
>REEEEEEEEEEEEEEEEEEEEE
>WHY YOU NO GIMME HOUSE FOR FREEEEEEEEEE!!!!!
Not how that works, faggot. You can CHOOSE to take over on the loan, you're not FORCED to.

QUIT BEING NIGGERS WITH A GIBSMEDAT MENTALITY!

Nope. The kids, the grandkids and all the next will pay the debt, whitout posess anything. Legacy of servitude. You born slave.

Just don't pay it.

The asset is tied to the debt. The kid can certainly refuse to accept the debt but then the asset is sold to cover it and if any is leftover, they will receive it.

suicide booths. now.

This is so Jewish lol

>50 years

Jesus how much interest are you paying at that point? $1mil?

I'm sure the kids will have to sign on, and many probably will because most people have been intentionally dumbed down into goycattle

that's the point
either you're an eternal debt slave or rabbi goldbergsteinowitz gets paid to take your house.

Mexicans will be packing 100’s of family members into a shack now

That is true. You cannot inherit debt. It would be like any other case where a person dies with an open mortgage.

the issue is the debt inheritance, not the term you dunce. no wonder you dont work at wells fargo anymore lmao

>parent takes out a mortgage
>parent dies
who owns house? mr greenbergshekelsteinbaum down at the bank
they just want to have their cake and eat it too, but trying to package it as a "deal" for the family

that's not how it works goyim...

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We vill lock ze kids into zelling
Zey vill own noting!