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Question by Casey C: How can congress pass legislation allowing bankruptcy judges to change terms on already written mortgages? It seems like this would be challanged (sucessfully) in court since the laws when the contract was signed didnt allow modification. I can understand how they could mandate that future mortgages are capable of being modified [...]
Question by American Noodle: How did the FORECLOSURE BILL somehow sneaked past all the Democrats in Congress? ~~~Are all Democrat blind? Best answer: Answer by dmlwho cares obama said he wont sign it anyway Give your answer to this question below!
Question by American Noodle: How did the FORECLOSURE BILL somehow sneaked past all the Democrats in Congress? ~~~Are all Democrats blind? Best answer: Answer by Drunk Teddy’s GhostDemocrats, including: Reid, Pelois and Frank, get most of their campaign cash from banks so its no wonder they foisted this on America Obama sent it back because [...]
Question by Elway_the_Cat: Who do you blame for the foreclosure mortgage crisis – the lenders, the buyers, Congress? Or do you think it’s a combination. I’ll be glad to explain how I feel about it, but I’m really just curious to see how everyone else feels. Best answer: Answer by Jakki SBarney Frank Give your [...]
Question by lilgotti56: Under what constitutional authority congress has to determine what can be considered bankruptcy warranted? Why can you file bankruptcy on all types of debt, but student loans and childsupport. If childsupport is in the arrear it is debt. If student loans are owed it is debt. So how can congress pick and [...]
by LSE Library Question by What You Talkin’ About?: How many times did a Republican controlled Congress vote to increase the debt ceiling while Bush was president? Without so much as a complaint? Why didn’t they make a big deal out of it then? They were the ones who made the debt line vertical. Obama [...]
Question by buddyface15: This power enables Congress to regulate working conditions across the nation? 1. to enforce civil rights laws 2. to initiate national defense protection 3. to pass bankruptcy laws 4. to regulate commerce who knows government best? who knows the awnser? Best answer: Answer by Em1. to enforce civil rights laws http://en.wikipedia.org/wiki/Fourteenth_Amendment_to_the_United_States_Constitution 2. [...]
by NASA on The Commons Question by Mikeohhhh: Do you think Republicans should vote to raise the debt ceiling when the new congress is convened in January? Should the Republicans vote to raise the debt ceiling above 14.3 Trillion dollars? If so, what should Republicans negotiate for in exchange for increasing the debt ceiling? Best [...]
Question by John K america beware!: Who Else Looks At Congress And The Bailouts Like This? Regardless of size those who find themselves in dire financial straits due to mismanagement must turn to outside investors for recapitalization and new talent or otherwise protection under bankruptcy laws. When businesses cannot find such investors in the free [...]
Question by Holy Cow!: Should congress reform bankruptcy laws to allow courts to modify primary mortgages so people can their homes? This provision in bankruptcy laws was designed to protect banks. A protection that they’ve clearly abused. It’s time to take it away. Best answer: Answer by alphabetsoup2Yes, they should, re-negotiating terms of a mortgage [...]