Find answers to why You Need to Stop Paying Bad Loans and Take Money Out of the Big Banks! Fight Usury and the big banks' greed. Walk away or settle for a fraction of what you owe. You can negotiate yourself. But get everything in WRITING. I am not an investment counselor or an attorney. Banks can sue you but it is likely they won't. But check with the laws of your state before walking away from credit card debt. You may get sued if you walk away from a recourse loan.