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spending

Looks Like No Bankruptcy Foie Gras Power For Judges

May 4, 2009 by admin Leave a Comment

When I hear the term "cram down" authority in the bankruptcy context, I keep picturing some poor mortgage lender warily stepping into a bankruptcy judge’s chambers only to have a long metal pipe shoved down his throat until the lender is willing to give in on a loan modification.  Only a month ago it appeared that … [Read more…]

Posted in: Foreclosure Topics Tagged: "chapter, 13, 7', chapter 13, Foreclosure Topics, Obama, spending, stimulus

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