Quote:
Originally Posted by Byrdie714
Whether you understand it or not, you still need to read every clause before you sign your name to it.
Watada signed it and the Army is holding him incontempt for it.
The Army has the right to do that.
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EXACTLY! Signing mortgage contract as agreed by both parties to pay back with low interest rate for 20 years. But now with real estate bubble - the mortgage interest rate skyrocketed and you get pissed about it that you have to pay high interest rate and thought it's a violation of the contract. But you failed to see the fineprint saying that you are subjected to slight change of agreement regarding the interest rate. Do you bitch to bank for not telling you about it? NO IT'S YOUR RESPONSIBILITY! The bank has EVERY LEGAL RIGHTS to take your house and remove you from it - TOUGH LUCK.
Lesson of the life? GROW UP and nobody's spoon-feeding you or babying you. You're on your own and it's your responsibility to know everything before you sign the contract. If you got a crappy lawyer, YOUR FAULT. If you misunderstood it, YOUR FAULT. If you don't like such risky obligation - DO NOT SIGN IT!