Strategic default is the plan to intentionally avoid paying your student loans. In 2011, some protestors encouraged borrowers to refuse to repay their student loans as part of Occupy Wall Street.
There are two prevailing theories of borrower default: strategic default -- when debt is too high relative to the value of the house -- and ability-to-pay -- when payments are too high relative to ...
But there’s one more option that might make sense under the right circumstances: Walk away and default on your mortgage. A “strategic default” on your mortgage is simple: You stop making ...
This interest in strategic autonomy was, in no small part ... how the EU now appears to have embarked on a hedging strategy, albeit implemented more by default than design. In its desire to defend its ...