Bankruptcy

Monday's News...

By Bill McLeod, Esq.

There's so much going on in the news that it almost seems silly to repost it here. But I did come across a few items that I wanted to share.

In the UK, Debt Collectors are ?getting heavy.?

A plan to let homeowners modify their mortgages in bankruptcy may lower foreclosure rates by as much as 20 percent.

Not everyone supports changing the bankruptcy laws to help homeowners modify their loans and plenty of groups are paying lobbyists to kill that bankruptcy legislation. The AP reports who is paying and how much.

Full post as published by McLeod Law Offices on January 26, 2009 (boomark / email).