Comment by delichon
5 hours ago
Then the risk, delay, effort, and expense of pursuing a now unsecured debt is transferred from one defector to 150 cooperators. Every month of delay increases the loss.
5 hours ago
Then the risk, delay, effort, and expense of pursuing a now unsecured debt is transferred from one defector to 150 cooperators. Every month of delay increases the loss.
True. Another middle ground is a mechanics lean. You can't alter the title until you clear it, but they can't foreclose.