Dear @maxigan

I just read latest post by @minismallholding and he refered to your publication.

Would you mind telling me, what usually does happen if house is burn to the ground and owners are being left with long morgage?

Usually if you don't pay your morgage, then bank will take over and sell your house, right? But what may happen if you will stop paying because your house and everything you had is gone?

ps. I'm fully aware that this topic is much more than just a problem with morgages.
Yours, Piotr