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Posted on September 14, 2010 by bankruptcy mortgage loans

bankruptcy mortgage cram down legislation

Mortgage 'Cram-Down' Bankruptcy Bill May Aid 1 Million in U.S. ...
Mar 6, 2009 . March 6 (Bloomberg) -- At least 1 million Americans would be able to use bankruptcy to reduce mortgage payments under legislation approved .

US Senate: Legislation & Records Home > Votes > Roll Call Vote
Apr 30, 2009 . as compiled through Senate LIS by the Senate Bill Clerk under the direction of . Statement of Purpose: To prevent mortgage foreclosures and .

New Mortgage Modification “Cram Down” Bankruptcy Laws to Help ...
New Bankruptcy Laws may soon go into effect to relieve San Diego County's underwater real estate market, wherein mortgages may be modified or “crammed .

Why a Mortgage Cramdown Bill Is Still the Best Bet to Save the ...
Oct 20, 2011 . Why a Mortgage Cramdown Bill Is Still the Best Bet to Save the Economy . In addition, cram-downs would have enabled bankruptcy judges to .

No Mortgage Cramdown Bill for Christmas | Rosenberg, Musso ...
Mortgage cramdown would have given bankruptcy judges the ability to change the terms of a mortgage for the benefit of homeowners who had filed for .

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Bank of America Now Supports Cramdown, Giving Judges Authority ...
Apr 13, 2010 . Bank Of America , Barney Frank , Foreclosure Crisis , Mortgage Crisis . Mortgage 'Cram-Down' Bankruptcy Bill May Aid 1 Million in U.S. .

Wisconsin Bankruptcy Blog #22, Cram-Downs and Mortgage Cram ...
Dec 18, 2010 . Gregory A. Holbus answers common questions about bankruptcy in this video- blog . #22 - Cram-Downs and Mortgage Cram-Down Legislation.

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Mortgage Cram-Down Legislation is Faltering
Apr 15, 2009 . I previously wrote a number of posts about proposed legislation to “cram-down” or “strip-down” mortgages in Chapter 13 bankruptcy cases.

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FindLaw's Common Law: Bankruptcy Cramdown Mortgage Loan ...
Jan 8, 2009 . Banks and the building industry are purportedly working together with Senators on "cramdown" legislation affecting bankruptcy judges' powers .

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Can a husband and wife, who are separated and maintain separate residences, each claim separate homestead exemptions for the purpose of bankrupcty? AND Must the wife's name be on the deed of her residence?

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U.S. House rejects mortgage cramdown measure | Reuters
Dec 11, 2009 . Known as "mortgage cramdown," the measure was defeated in a . Under present law, bankruptcy courts may reduce many forms of debt for .


Mortgage Cramdown In A Chapter 13 Bankruptcy? - Sonoma ...
Jan 4, 2012 . It is well established that the holder of a first mortgage can't modify the terms of the loan if the loan is on his primary residence. However, what if .

Banking lobby successfully defeats mortgage cram-down provision ...
Apr 30, 2009 . Today, a proposal to change bankruptcy law and allow bankruptcy judges to cram-down mortgage payments for troubled homeowners failed in .

Barney Frank Threatens Return of 'Cramdown' Legislation ...
Aug 4, 2009 . The legislation is not so that anyone can cram down the loan on their home, It is bankruptcy protection. Cramming down the loan when in .

Cramdown Bill Fails In Senate -
Apr 30, 2009 . The bill, opposed by Wall Street, would have let judges rewrite mortgages . that would have allowed bankruptcy judges to rewrite the terms of mortgages . adjust the terms of mortgages (or "cram down" the mortgages, as the .

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Debate might give new life to mortgage cramdown legislation
Sep 19, 2010 . Debate might give new life to mortgage cramdown legislation . The proper term is "bifurcation," meaning that in a bankruptcy proceeding the .