Last week the Senate voted down the bankruptcy “cram-down” bill recently approved by the House. The bill was far short of the 60 votes needed, indicating that it is unlikely to be revived. For more information on bankrutpcy in Arizona, please visit our website at, www.mcguiregardner.com.
Posts Tagged ‘cram down’
Phoenix Bankruptcy Attorney Comments On Failure of “Cram-Down” Bill.
Monday, May 4th, 2009Phoenix Bankruptcy Attorney Pernell McGuire quoted in Arizona Republic.
Tuesday, April 7th, 2009Phoenix and Flagstaff bankruptcy attorney Pernell McGuire of McGuire Gardner, PLLC was quoted in the Arizona Republic today discussing the recent rise in bankruptcy cases in Arizona. Mr. McGuire also noted that many individuals are waiting to see whether Congress will pass new laws allowing judges in bankruptcy Court to “cram down” a mortgage on a primary residence. You can read the full text of the article here. For more information about bankruptcy, visit our Website.