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Message: <blockquote data-quote="striker754" data-source="post: 1388851" data-attributes="member: 6004">If you want to call it that, sure. But what matters is the law and the law does not bring morality into the situation because morals are subjective. Contracts spell out exactly what is to happen if someone does not pay or what happens in the event of any other situation. As a co-signer you know what you are getting into.  Maybe the co-signer needs to do some DD. Underwriting is a key part of making loans. It takes two to tango.To say that morality not being involved in debt is socialism is outrageous. On a mortgage or any other secured loan, if you don't pay, the bank takes the property back. The contract stipulates that the lender is made whole by seizing of the collateral. On unsecured debt, the higher interest rate compensates for no collateral. This is standard contract law and one of the basics of a free market lending system.If the bank can't keep their paperwork and note assignments up to date and in order, then tough **** for the bank. The law is supposed to work both ways. This lady is using the courts to ensure she is justly treated. Obviously the lenders do not have their stuff together in the eyes of the courts.Morality is a BS argument used by lenders to squeeze the last dollar out of people when in fact people should be either walking away or taking other action.</blockquote>