Amend federal bankruptcy law to allow bankruptcy courts to modify the terms of home mortgages in the same manner that the courts can now modify other debt.
Resolution calling on the U.S. Congress to pass, and the President to sign, House Resolutions 3609 and 3778, and Senate Bills 2133 and 2136, which would amend federal bankruptcy law to allow bankruptcy courts to modify the terms of home mortgages in the same manner that the courts can now modify other debt, in order to give the homeowners who have been adversely affected in the subprime mortgage crisis the opportunity to restructure their mortgages.
Status
Filed
File ID
Res 1472-2008
Introduced
6/12/2008
Committee
Committee on Consumer Affairs
Sponsors (5)
Bill History
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