How they ever became entwined in this discussion escapes me.
Rainyday introduced it here
The remarkable difference is that with employment obligations, the general AAM advice is 'you signed the contract, suck it up', whereas with borrowing obligations, the general AAM advice is about how best to get out of your obligations at least cost to you (least return to your debtors) by moving to the UK.
I don't think that is the "general AAM advice at all". In many cases when people provide the full information, they are told that they are not insolvent and that their mortgage is sustainable and that they should pay it. There isn't "general AAM advice" anyway. There probably is a majority view on many issues, but as a discussion forum, there are opposing views on most subjects.
My view is very clear, and I think, very consistent.
If you have a contract, and you can adhere to it, you have a moral and legal obligation to do so.
If you wish to renegotiate that contract, you should talk to the other side about renegotiating it. If you can reach agreement on the renegotiation, that's fine. If you can't, you can terminate the contract, but within the termination terms.
If you break the terms of a contract because you cannot adhere to them, there should be no shame. For example, if you lose your job and you can't pay your mortgage repayments.
I have been very clear that there should be no concessions for strategic defaulters. They should be pursued.
I have also been very clear, that where a mortgage is unsustainable, that should be recognised by both sides early, and a deal done on the shortfall, if there is one.