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Bankruptcy

: The Debt Podcast

New Mortgage Modification ?Cram Down? Bankruptcy Laws to Help San Diego

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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 down” by  Bankruptcy Judges.  In the first week of March, 2009, the House of Representatives passed the long overdue Bankruptcy “Cramdown Bill” (a mortgage modification bill) by a vote of 234 - 191, [...]

Full post as published by The Debt Podcast on March 09, 2009 (boomark / email).

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