Northern California Mortgage Mods

Posts on ‘July 24th, 2009’

Allowing Modification of Mortgages by Bankruptcy Judges – Revisited

The Senate Judiciary Committee this week entertained discussion on reviving a Bill to allow the modification of mortgages by the judge in a Chapter 13 Bankruptcy.  Once again, Senator Durbin (Democrat from Illinois) championed this cause, arguing that such a law would allow hundreds of homeowners to keep their homes.  Similar laws were defeated in [...]