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Bankruptcy

: The Debt Podcast

Judicial Mortgage Modification Deal in the House

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Blue Dog Democrats made their deal, and Chapter 13 mortgage cramdown legislation is one step closer. Changes include having to provide your income, expenses and debts to the mortgage company while seeking modification, which must be done to be eligible for judicial modification of a first mortgage securing your residence. The bankruptcy court would determine whether this [...]

Full post as published by The Debt Podcast on March 03, 2009 (boomark / email).

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