The National Association of Consumer Bankruptcy Attorneys has a proposal (the “Principal Paydown Plan”) to reduce mortgage balances and help increase home values, but they need your help in order to put it into effect. The Principal Paydown Plan would give bankruptcy judges the ability to force a loan modification of certain Chapter 13 bankruptcy debtors’ first mortgages.
They are making a Final Push to get signatures on a petition.
CLICK HERE to see a one-page explanation of how the Principal Paydown Plan could help [your clients/relatives/etc.]
The Petition can be found at http://wh.gov/g8d.
To all that have signed the petition, THANK YOU very much!
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