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Old 2008-10-05, 03:35 AM   #21
MadCat
If something's hard to do, then it's not worth doing
 
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Join Date: Sep 2008
Location: Berlin, Germany
Posts: 247
Quote:
Originally Posted by stuveltje View Post
question, dont the usa have a law to protect those people, we in holland have several laws for that, even the bank will take your home, you will get help also, most of the time, these people end with no debts at all and a new home, well in our country that is.
Nope, the USA doesn't have WW, WAO, bijstand, etc. there's no social security at all, as far as I remember. So if your house gets taken, you're up that fabled creek without a paddle, because the only help you can get is either from friends or relatives willing to put you up until you get back on your feet.

Wait for this stuff to kick off in Holland as well though, given that Fortis had to get their asses bailed out to the tune of 4 billion, the AEX taking a plunge... shitty situation.
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