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Shoeshine. Guest
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Posted: Wed Jan 30, 2008 11:28 pm GMT Post subject: Broke homeowners linked to arsons |
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Link Below:
http://articles.moneycentral.msn.com/Insurance/InsureYourHome/BrokeHomeownersTurnToArson.aspx
Quote: | Authorities in economically stressed cities see an increase in torched houses.
Is the nation's mortgage mess transforming more Americans into criminals? |
Quote: | Across the U.S., homeowners are searching for ways to escape from mortgages they can't pay -- or don't want to.
A few are turning to arson, but it's too soon to turn anecdotes into meaningful statistics.
Consumer pressure and state laws require speedy settlements,
which means insurance companies are quick to pay up
and slower to complete complex arson investigations. |
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