Northern California Mortgage Mods

Posts on ‘January 19th, 2009’

Will the New Bill Be Enough?

The new Mortgage Modification Bill will allow Bankruptcy judges to modify house payments in a Chapter 13 bankruptcy. Will that be enough to save a significant portion of the millions of Americans facing foreclosure?
A recent article from Chip Parker on the Bankruptcy Law Network suggests that it won’t be.  He points out that many people [...]