In the wake of Congress’ failure to once again pass legislation permitting mortgage cramdown (which would have let bankruptcy judges modify the terms of mortgages to help homeowners), Bankruptcy Bill has seen fit to pen a tongue-in-cheek bankruptcy haiku on the topic. With permission from Bankruptcy Bill himself (and apologies to Jackie Gleason), we are pleased to share the latest in bankruptcy poetry:
******Click here to see previous Freedom Law Firm posts on the topic of mortgage cramdown, including the BAPCPA Man vs Mortgantua battles. And if you’re a Las Vegas homeowner facing foreclosure or mortgage-related financial problems, please contact us for a free initial foreclosure consultation. With good bankruptcy attorneys in Las Vegas, you can get the maximum protections of the bankruptcy laws that have been created to protect Nevada residents, including the Nevada Foreclosure Mediation Program which gives Nevada homeowners facing foreclosure the ability to request a mandatory mediation session with their mortgage lender and a neutral foreclosure mediator. Get in touch with us for more information. We’re happy to answer all of your questions and help stop foreclosure Las Vegas.