If you can pay some of it, you can and should. If you cannot, you do not have to.
Doesn't that go back to basic, fundamental, sound underwriting standards for all of us?
I stated in the core of the bankruptcy legislation that if you make below median income, you can wipe out all your debts...
Bankruptcy is referenced in the Constitution and it is one of the great things that I think our legal system provides.
But it does sound to me that Ms. Burns meets the very reason we have bankruptcy procedures and I certainly do not denigr...
Based on current projections and absent any catastrophic home price decline, FHA will not need to ask Congress and the A...
the reason that was passed is because a lot of people are on the margin between whether they should file bankruptcy or n...
I am just reluctant to conclude the current system that allows median income and below to file Chapter 7, as they always...
Well, sometimes--let me just say this about credit counseling.
I have always thought that this was bizarre, that a person would be able to keep a multimillion dollar home and not pay ...
it overall is a good thing.
So you are pretty confident you are going to be OK. Is that what you are saying here?
The housing crisis is real. It is not getting better.
Given the undeniable role that the housing market played in the economic crisis, the Committee, I believe, must continue...
We are all going to be better off if we can get housing back moving again.
I think this is an important point. Ensuring proper underwriting standards and not exposing consumers to mortgages they ...
That is crazy.
That is too much.