President Elect Barack Obama made many promises along the campaign trail. The most important in my view was the promise to change the Bankruptcy Laws. The bankruptcy laws must be changed to stabilize the housing market. By changing the bankruptcy laws, President Obama will probably create an avalanche of bankruptcy filings; but, he will be credited with saving hundreds of thousands of homes. Why is this the most important topic on his agenda? That is an excellent question.If you think about it, President Elect Obama will be facing the toughest agenda of any U.S. President that I can recall. He will be facing catastrophic international and domestic issues, as well as astronomical budget deficits. Personally, I cannot understand why he would want the job; however, that is not relevant.
President Obama ran on a platform of change, and that promise is what swept him into the White House. He promised to change the United States and the World. Of course, this is a tall order, but not impossible.The American people have put our trust in him. Americans have been tattered and lied to by past administrations, but we are still Americans. As Americans, we will triumph by putting our best foot forward, working harder than ever before, and accept the changes that are in store for us. But, the President Elect must settle things down in the United States first, before he can take on the international scene.
The President Elect must change the bankruptcy laws to help the very same people who helped him get elected. He must help them save their homes from foreclosure. The Bush administration passed three (3) pieces of legislation that did nothing to save any homes. In October 2008, bankruptcy filings were up 40%. Many of my clients are surrendering homes that may be able to be saved.
So, President Elect Obama, Congratulation on your historic win. Once you are in office, you will have the opportunity to change many things in this Great Country. I’m sure they all appear to be priorities right now, and in their own ways are priorities; however, you need to protect the sanctity of the American home. You need to give families the security of knowing that they will have a place to go at the end of the day. You need to let them know that you care, and that you listened to their concerns. You need to amend the bankruptcy code to stem the tidal wave of foreclosures, and allow people to go forward and deal with their mortgage companies and creditors in a neutral forum.
President Elect Obama - Congratulations - Please Amend The Bankruptcy Code
By Carmen Dellutri, Attorney at Law on Nov 5, 2008 in Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Featured, Florida, General Bankruptcy Information
http://www.************************/...nkruptcy-code/
President Obama ran on a platform of change, and that promise is what swept him into the White House. He promised to change the United States and the World. Of course, this is a tall order, but not impossible.The American people have put our trust in him. Americans have been tattered and lied to by past administrations, but we are still Americans. As Americans, we will triumph by putting our best foot forward, working harder than ever before, and accept the changes that are in store for us. But, the President Elect must settle things down in the United States first, before he can take on the international scene.
The President Elect must change the bankruptcy laws to help the very same people who helped him get elected. He must help them save their homes from foreclosure. The Bush administration passed three (3) pieces of legislation that did nothing to save any homes. In October 2008, bankruptcy filings were up 40%. Many of my clients are surrendering homes that may be able to be saved.
So, President Elect Obama, Congratulation on your historic win. Once you are in office, you will have the opportunity to change many things in this Great Country. I’m sure they all appear to be priorities right now, and in their own ways are priorities; however, you need to protect the sanctity of the American home. You need to give families the security of knowing that they will have a place to go at the end of the day. You need to let them know that you care, and that you listened to their concerns. You need to amend the bankruptcy code to stem the tidal wave of foreclosures, and allow people to go forward and deal with their mortgage companies and creditors in a neutral forum.
President Elect Obama - Congratulations - Please Amend The Bankruptcy Code
By Carmen Dellutri, Attorney at Law on Nov 5, 2008 in Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Featured, Florida, General Bankruptcy Information
http://www.************************/...nkruptcy-code/
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