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January 28, 2009
Manager's Proposed Amendments to HR 200
You can access the proposal here. The right to modify a home mortgage would be limited to existing mortgages. If the debtor sells the residence during the plan period, the creditor would get some of the excess proceeds if any. The amendment will still apply to existing bankruptcy cases.
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Why should this make things change, does anyone remember the similar effort back in 2007
Posted by: Laser Haas | Jan 28, 2009 7:36:11 PM