http://obamanomics.wordpress.com/2008/03/31/foreclosure-offense-and-defense-changing-the-bankruptcy-laws/ Hope as Currency Wed, 29 Apr 2009 20:32:01 +0000 http://wordpress.com/ hourly 1 http://obamanomics.wordpress.com/2008/03/31/foreclosure-offense-and-defense-changing-the-bankruptcy-laws/#comment-167 Best Fixed Rate Mortgage » Foreclosure Offense and Defense: Changing the Bankruptcy Laws Wed, 02 Apr 2008 12:35:33 +0000 http://obamanomics.wordpress.com/2008/03/31/foreclosure-offense-and-defense-changing-the-bankruptcy-laws/#comment-167 [...] authornHGenerally, a prototypal mortgage gets stipendiary in full, followed by the second, so the griever of the ordinal mortgage has no motivator to stop a modify that could intend it to grappling a 100% loss, said Eric Stein, someone immorality lead with … [...] [...] authornHGenerally, a prototypal mortgage gets stipendiary in full, followed by the second, so the griever of the ordinal mortgage has no motivator to stop a modify that could intend it to grappling a 100% loss, said Eric Stein, someone immorality lead with … [...]

]]> http://obamanomics.wordpress.com/2008/03/31/foreclosure-offense-and-defense-changing-the-bankruptcy-laws/#comment-151 Foreclosure Mon, 31 Mar 2008 18:38:44 +0000 http://obamanomics.wordpress.com/2008/03/31/foreclosure-offense-and-defense-changing-the-bankruptcy-laws/#comment-151 [...] admin wrote an interesting post today onHere’s a quick excerpt A helpful article: WASHINGTON (MarketWatch) — For many people, filing for bankruptcy is seen as a scary, worst-case scenario, but consumer advocates say this last resort could be a real help for beleaguered homeowners. There is no shortage of proposals in Congress to address the housing crisis: the Depression-era Federal Housing Administration is up for a makeover, and there are other plans to ease the stress of pricey mortgages. Under veto threat is a proposal that consumer advocates see as key to helping more people stay in their homes: allowing bankruptcy courts to modify troubled mortgages on primary residences. Under current Chapter 13 bankruptcy law, courts cannot modify the mortgage on a principal residence, though they may for vacation or second homes. Consumer advocates and others see bankruptcy, which is meant to adjust debt and make it easier for people to repay creditors over time, as an efficient and established method for troubled […] [...] [...] admin wrote an interesting post today onHere’s a quick excerpt A helpful article: WASHINGTON (MarketWatch) — For many people, filing for bankruptcy is seen as a scary, worst-case scenario, but consumer advocates say this last resort could be a real help for beleaguered homeowners. There is no shortage of proposals in Congress to address the housing crisis: the Depression-era Federal Housing Administration is up for a makeover, and there are other plans to ease the stress of pricey mortgages. Under veto threat is a proposal that consumer advocates see as key to helping more people stay in their homes: allowing bankruptcy courts to modify troubled mortgages on primary residences. Under current Chapter 13 bankruptcy law, courts cannot modify the mortgage on a principal residence, though they may for vacation or second homes. Consumer advocates and others see bankruptcy, which is meant to adjust debt and make it easier for people to repay creditors over time, as an efficient and established method for troubled […] [...]

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