Date: September 3rd, 2008

A duty to negotiate? Part 1: the story

3 September, 2008 (09:14) | Legal, Lending, Subprime, US News, Workouts | No comments

Using a loan I borrow from you, I buy a house that I now cannot pay for.  I fall into default, and you send me notices of default, but I want to renegotiate. 
 
Are you obligated to negotiate with me?
 

Okay now, bank, let’s negotiate
 
That appears to be the premise behind litigation recently filed by Lori […]