Strategic default & strategic short sales in CT- Questioning morality.

If this is the reason as you don't have a choice, but there are some who walk away even though they could make the payments.

You have touched a very interesting subject, Patrick.  Over the years, the banks have learned to ask for supporting documentation to their best in addressing the "strategic defaulting" issue.  You are right, moral or immoral in making the right decision, can be a tough decision.  Folks have to do what is necessary to move on with their lives!! 

Patrick, it's not for me to say or judge someone but it does make for interesting discussions. 

Patrick -- you do raise some very interesting concepts here - however, I doubt it is ever quite that clear cut.