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	<title>eMortgage Solution &#187; principal reduction</title>
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		<title>Bankruptcy Courts to Issue Cramdowns</title>
		<link>http://emortgagesolution.net/2009/bankruptcy-courts-to-issue-cramdowns/</link>
		<comments>http://emortgagesolution.net/2009/bankruptcy-courts-to-issue-cramdowns/#comments</comments>
		<pubDate>Sun, 08 Feb 2009 17:45:07 +0000</pubDate>
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				<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[cramdownds]]></category>
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		<description><![CDATA[Bankruptcy Court judge will soon have the power to reduce mortgage loan balances of borrowers filing for bankruptcy.  Congress is expected to pass the bill and President Obama has pledged to sign it.  The bill also grants bankruptcy judges the power to cut mortgage interest rates and monthly payments. Under Chapter 13 bankruptcy,  judges can [...]


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</ol>]]></description>
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