Question:
I saw this bill about a year ago. There was a lot of details in the article. I found it on AOL. The bill provides a way for people to avoid foreclosure and at the same time assist banks from suffering the negative shortcomings of foreclosed properties. Does anyone have any info on that to share with me?
Answer:
It's called the Bankruptcy Reform Act. It helped companies moreso than individual people- i think it made it a bit tougher to file for bankruptcy.
https://www.sccfcu.org/asp/general_4.asp...
Bush signs a lot of things, mainly for his own gain, they always end up with people being killed.
believe me, if Bush signed it, it benefits the banks more than the mortgage holders.
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