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Tuesday, January 20, 2009

Foreclosure help?

It will be interesting to see if the bankruptcy law that is being considered in Congress will pass.
It seeks to allow a bankruptcy judge modify a mortgage contract.
It will have a huge impact on many loans, and could push more people into Chapter 13 bankruptcy.
Also, it is being said that Obama may sign a moratorium on foreclosures for 90 days. This will be interesting as well.
http://chicago-bankruptcy.blogspot.com/