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Latest post 01-14-2012 8:19 PM by Cherry. 1 replies.
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  • 01-14-2012 8:05 PM

    2011 House Bill 4542 (Revise foreclosure restrictions )

    Introduced in the House on April 13, 2011, to revise details of certain procedures, deadlines and more in a 2009 law that requires lenders to attempt to negotiate revisions in the terms of loans held by delinquent borrowers, before they can proceed to a “foreclosure by advertisement” (instead of the more costly judicial foreclosure process)

    The vote was 108 in favor, 0 opposed and 0 not voting

    (House Roll Call 559 at House Journal 0)

    Click here to view bill details.
  • 01-14-2012 8:19 PM In reply to

    Re: 2011 House Bill 4542 (Revise foreclosure restrictions )

     the loaning institutions will not loan $$$   to people if they have no recource to either reposess  the home or get the  $$$ they loaned out.    when people sign a contract they are responsible to repay that loan..  People have no respect for free handouts.  look what wellfare did !   it creates  GIMME GIMME  people not a   stable  workforce.  the opperative word here is  WORK  not free.

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