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The difference when a bank evicts a borrower is that the bank has a duty under law to realise the best price when selling the house and pass any equity that has been accrued back to the borrower. I never suggested that borrowers who flatley refuse to pay or just can't afford thier repayments...

My call for 2005...The popular press will have a field day pouring out the stories of how some down-trodden family have been kicked out of a hovel by a tyranncal wrap providers. Then there will be a major crack-down on wrapping that will force the cowboys out of the market. Anybody who wishes...

There are plenty of legitimate ways to make money off those less finacially fortunate than your self....Wrapping is not one of them. Any legitimate consumer finace is covered by UCC reagulation...if the borrower falls ill or suffers some other form of legitimate hardship then the lender has...