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Report: Durbin wants cramdown measure in financial bill (access required)

By: Kimberly Atkins
Published: May 10, 2010

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WASHINGTON – Six months after a bill that would have allowed bankruptcy judges to rewrite the terms of mortgage contracts to help homeowners avoid foreclosure failed in Congress, Sen. Dick Durbin, D-Ill., is considering an amendment to the financial regulatory reform bill that would have a similar effect, according to a Huffington Post report.

Bill to boost number of bankruptcy judges advances (access required)

By: Kimberly Atkins
Published: January 28, 2010

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WASHINGTON – A bill that would increase the number of federal bankruptcy judges to handle the recent surge of personal and corporate bankruptcies has advanced in the House.

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