It seems that the Bankruptcy Bill that passed in the House, is now stalled in the Senate…
From Curtis Law Group’s news section:
“Congressional Democrats in the Senate are trying to pass a bankruptcy bill, coined as a “cramdown” bill by opponents of the legislation, which aims to help stem the tide of foreclosures by giving bankruptcy judges the discretion to modify mortgages for homeowners who otherwise cannot afford their homes.
The House of Representatives have already passed a version of this bill, but Republicans are holding it up in the Senate. The Senate has decided to put off the vote until later in April, while changes to the bill are negotiated.”
For More Information: click here
*** TO ALL IN FAVOR OF SUPPORTING THE “MORTGAGE CRAMDOWN BILL.” HELPING FAMILIES SAVE THEIR HOMES.. ….NOW IS THE TIME FOR YOUR VOICE TO BE HEARD !!! MORE THAN EVER… THE BANK INDUSTRY AS WE SPEAK IS SPENDING A HUGE AMOUNT OF MONEY WITH THE BANK LOBBY FOR AN ALL OUT EFFORT TO ATTEMPT TO DEFEAT THIS BILL. NO LONGER JUST ASK A SENATOR, BUT “DEMAND ” WHEN CONTACTING. AMERICAN THOUGHT A BONUS FOR EXECUTIVES WERE BAD…
****** KEEP IN MIND.. THESE ARE THE SAME BANKS THAT (WERE BROKE A MONTH AGO) WERE “BAILED OUT” WITH BILLIONS OF AMERICAN TAX DOLLARS BY THIS SAME SENATE..
********* IN OTHER WORDS, THE BANKS AND SENATE THAT GAVE THEM THE BAILOUT, ARE USING “YOUR” BORROWED TAX DOLLARS …. TO KICK YOUR OWN ASS !
AND THIS BILL IS NOT EVEN A “BAILOUT”. IT IS JUST ADJUSTING THE BANKRUPCY LAW TO GIVE THE ABILITY OF OFFERING A REASONABLE PAYMENT FOR AMERICAN FAMILIES TO SAVE THEIR HOMES !!!!
************DON’T LET THE BANK LOBBY AND BOUGHT SENATORS WIN ! ******
*** EMAIL, CALL, WRITE, AND CONTACT LOCAL MEDIAS BOTH PAPER & TELEVISION AND LET THE SENATE KNOW WE WILL EXPOSE AND THAT THIS IS NOT ACCEPTABLE: TURNING THEIR BACK AND THROWING AMERICAN FAMILIES OUT IN THE STREET BY BEING “BOUGHT OUT”
WHILE THEY ARE ON VACATION FORE 2 WEEKS…..PILE THE EMAILS, PHONE MESSAGE AND OVERWELM EVERY SENATOR POSSIBLE. THE BILL NEEDS 60 VOTES TO PASS. NOW IS THE TIME FOR YOUR VOICE TO BE HEARD AND MAKE A REAL DIFFERENCE…