Blog Posts in June, 2013

Giving Bankruptcy Judges "Cramdown" Power To Address Foreclosure Crisis

The downturn in the real estate market two years ago was a major factor in sending America into recession. The subprime mortgage crisis exposed a house of financial cards, and the first wave of mass foreclosures began. Today, a "new normal" of high unemployment and diminished property values has taken hold. The struggling economy itself, not overly fancy financial instruments, is pushing more and ...