Tuesday, February 24, 2009

Bankruptcy Mortgage Modification Bill Expected on House Floor on Thursday

It is reported that H.R. 1106, the "Helping Families Save Their Homes Act of 2009" will be on the floor of the House of Representatives on Thursday as part of a major housing package. H.R. 1106 includes provisions that will allow modification of mortgages on principal residence in a Chapter 13 bankruptcy case.
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