I do not agree with the idea that the bankruptcy legislation that got 83, I believe, votes in the Senate, people like Se...
We passed it in the Senate and it did not survive conference, which is breathtaking to me that an individual can move to...
about 80 percent of the people are median income or below that file bankruptcy.
There is no doubt that overwhelmingly, the people that file for bankruptcy are entitled to it legally and probably benef...
it overall is a good thing.
I have always thought that this was bizarre, that a person would be able to keep a multimillion dollar home and not pay ...
Well, sometimes--let me just say this about credit counseling.
I am just reluctant to conclude the current system that allows median income and below to file Chapter 7, as they always...
the reason that was passed is because a lot of people are on the margin between whether they should file bankruptcy or n...
But it does sound to me that Ms. Burns meets the very reason we have bankruptcy procedures and I certainly do not denigr...
Bankruptcy is referenced in the Constitution and it is one of the great things that I think our legal system provides.
I stated in the core of the bankruptcy legislation that if you make below median income, you can wipe out all your debts...
It is not weeks at a time. It is you file the matter and if you have got the information, you provide it to your lawyer....
That is crazy.
People's confidence comes from--the average person--what they believe their house is worth, you know, home equity.
I think this is an important point. Ensuring proper underwriting standards and not exposing consumers to mortgages they ...
Based on current projections and absent any catastrophic home price decline, FHA will not need to ask Congress and the A...
Given the undeniable role that the housing market played in the economic crisis, the Committee, I believe, must continue...
