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Entries Tagged as 'House'

Are You Ready to Receive $1,100 to Save the Planet?

January 8th, 2010 · No Comments · Taxes

Are you ready to receive $1,100 to save the planet? Under a new Senate bill, called Carbon Limits and Energy for American Renewal (CLEAR) Act, you might just do that. Known as cap-and-dividend, a similar bill HR 1862, was introduced last April in the House. The new legislation would require oil, coal, and natural gas [...]

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“Cramdown” Legislation Fails in Senate

May 7th, 2009 · 1 Comment · Mortgages

Back in March, we ran a blog post on how credit unions were worried about new “Cramdown” legislation, which would allow bankruptcy judges to reduce the principal in mortgages loans. Well, they need not worry any longer, at least for a time. The Senate just defeated the bill 51-45. According to CNN, the financial industry [...]

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It’s Either your Personal Property or Your House, which Would You Pick?

March 2nd, 2008 · No Comments · Credit Bureaus and Scores

Things are getting even tougher for the consumer. You used to be able to get some relief through bankruptcy, but the noose is tightening. The case is In re: James Matthew Franzese, Case No. 07-3944-KSJ. Read this article: http://www.bankruptcyorlando.com/2008/02/florida-court-c.html An Orlando bankruptcy court issued a decision which curtails the personal property exemptions for debtors who [...]

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