blueranger Posted October 4, 2008 Report Share Posted October 4, 2008 HR 1424 Emergency Economic Stabilization Act of 2008section 110requires loan modification, interest rate reduction, loan reductionand other OTHER.I have just typed up a petition for relief under this law, I will be sending it to the sec of treasury, fdlic, my bank, and the federal property manager,I said that the law is entitled Emergency and I exspect you to treat this as an emergency....I gave them 30 days to comply and I will file in federal court in 30 or 60 days and I will make a motion for a preliminary injunction.The law forbids preliminary injuncitons on certian sections but not on section 110. Link to comment Share on other sites More sharing options...
smurfette in nyc Posted October 4, 2008 Report Share Posted October 4, 2008 What specifically are you seeking relief for? A modification or reduction of an interest rate and/or loan? And based on what criteria? Please explain further. Link to comment Share on other sites More sharing options...
fatherof3 Posted October 4, 2008 Report Share Posted October 4, 2008 Blue Ranger,Are you saying that if we have a loan we can the rate and terms modified?Sometimes you need to show us pictures so we can understand. Lay this out so everyone can understand what you are saying. I think I do and I intend on doing what you say. If the big guys on wall street can do it so can I. Link to comment Share on other sites More sharing options...
Recommended Posts