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1. CRL’s Summary of Credit Suisse Findings on Bankruptcy Reform

(Web Page; Wed Aug 18 13:50:00 CDT 2010)

Judicial modifications would save hundreds of thousands of families from foreclosure. "We [Credit Suisse] expect the bankruptcy plan will provide about a 20% reduction in foreclosures." (p. 1) "[T]he new plan adds an important new tool...

2. One in Five Homeowners Filed for Bankruptcy to Avoid Foreclosure in June

(Web Page; Mon Aug 30 08:41:00 CDT 2010)

Avoiding foreclosure is the main objective of many homeowners who decide to file for bankruptcy, finds the Consumer Credit Counseling Service (CCCS) of Greater Atlanta. The national nonprofit determined that out of tens of thousands of c...

3. Personal Bankruptcies Hit a High and May Keep Rising

(Web Page; Mon Aug 30 10:11:00 CDT 2010)

Bankruptcy filings hit a new high in March, surging 35 percent from February to 158,141, reports Automated Access to Court Records (AACER). While the expectation might have been for the worst to have passed in states slammed by the housi...

4. Bankers Win, Homeowners Lose in Senate’s Bankruptcy Vote

(Web Page; Fri Aug 20 09:34:00 CDT 2010)

The Senate today voted down the one common-sense solution that would have prevented over a million families from losing their homes to foreclosure ─ allowing bankruptcy judges to modify home loans to fair market terms. This measure woul...

5. Stein Statement: Common-Sense Bankruptcy Solutions Would Save Homes

(Web Page; Fri Aug 20 11:36:00 CDT 2010)

I'm Eric Stein, chief operating officer of Self-Help, a non-profit community development lender, and senior vice president of the Center for Responsible Lending. Thank you for having me here today to talk about bankruptcy solutions that...

6. Senate Ignores Help for Homeowners, Bankruptcy Change the Most Effective Solution

(Web Page; Fri Aug 20 11:28:00 CDT 2010)

In response to bankruptcy measures that would help more than half a million families being dropped for the Senate housing package, the following 15 civil rights, consumer and housing groups – Center for Responsible Lending, Leader...

7. Constitutionality of Applying Bankruptcy Code Amendments to Existing Mortgages

(Web Page; Wed Aug 18 13:37:00 CDT 2010)

8. Joint Memo for Proposed Bankruptcy Law Reform: Solutions to Preserve Homeownership

(File; Fri May 01 12:49:00 CDT 2009)

Description: The Center for Responsible Lending, Consumer Federation of America, National Association of Consumer Advocates, National Association of Consumer Bankruptcy Attorneys and National Consumer Law Center jointly provide an analysis of needed bankruptcy reforms in the face of rising subprime mortgage foreclosures.

9. Loan Modifications in Bankruptcy do not Hurt Mortgage Markets

(Web Page; Wed Aug 18 14:06:00 CDT 2010)

10. Comments: Open-End Credit, Bankruptcy Amendments of 2005

(Web Page; Fri May 28 15:28:00 CDT 2010)

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