I’d like you to imagine for a moment that you decide you’d no longer like to pay your mortgage. To be clear, this is not a matter of means or ability — for the sake of this hypothetical, you have the financial resources to make your payments. You simply don’t want to.
And so you call your bank and share the good news. You inform them that, while you may have previously agreed to your mortgage and promised to make your payments on time, you would not be doing so moving forward.
