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The Menace of Strategic Default Form

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this is paul stevenson and i want to welcome you to the strategic mortgage default system video series in this first video i'll be giving you an introduction to some of the topics i'll be covering in future videos topics such as do you have a moral obligation to keep paying your mortgage what is your potential liability and how do you protect your other assets in a strategic default what are the tax implications and what is the impact on your credit score at this point you may be asking yourself who is paul stevenson well i was just a regular guy who got caught up in this massive real estate crisis probably a lot like you i had two houses with two mortgages that were both under water by about seventy percent in addition to the obvious financial problem that i had this was causing me huge emotional strain on a daily basis i could think of nothing but the trap that these mortgages had me in and i was truly worried for my family's financial future it's not

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