24 Feb Mortgage Loan Modification in Chapter 13 Bankruptcy Up for Vote in Senate This Week
The U.S. Senate is expected to vote on S.2636 this week. This bill will help distressed homeowners save their homes from foreclosure by allowing a bankruptcy judge to modify their mortgage loans in chapter 13 bankruptcy.
Kurt O’Keefe wrote about this beneficial legislation recently and reported that the mortgage lenders are fighting this relief for borrowers and for communities harmed by the foreclosure crisis.
See a list of the bill’s key provisions on the Bankruptcy Law Network.
Latest posts by Jill Michaux (see all)
- Last Day to Comment on New Chapter 13 Plan, Petition, Schedules, Means Test, Bankruptcy Rules Changes - February 17, 2014
- Does Chapter 13 Mean Paying All Creditors Back? It Could Be Zero to Unsecured Claims - June 18, 2013
- Random Bankruptcy Audits Stopped - April 24, 2013
- What’s Baseball Got to Do with Bankruptcy? - March 31, 2013
- Bankruptcy Code Dollar Figures Raised 6.3% for Inflation - February 21, 2013