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Bankruptcy

: The Debt Podcast

Congress Votes Against Consumers Modifying Home Mortgages In Bankruptcy

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Today, the Senate voted on Senate Bill 61, the bill which would allow homeowners, consumers, everyday Americans, to modify their residential mortgages in bankruptcy.   This bill had been debated for over 8 months, mostly during the presidential elections.  The Bill did not pass. Other types of mortgages can be modified in bankruptcy; other types of loans [...]

Full post as published by The Debt Podcast on May 01, 2009 (boomark / email).

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