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Well, you can thank TARP and Henry Paulsen. They've basically been going back to the banks and telling them that they received $350B (and Citi has another $100B in loan guarantees) from the Federal Government, and they better do something to HELP people.
It's about time. Especially if they want any of the next $350B, they are going to need to start a.) working with consumers on credit cards, b.) modifying mortgages, and c.) actually giving out credit again.
Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10) Status: (Auto) Discharged and Closed! 5/10
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Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
Yeah, my bank has started to be real nice, too, now that they know I'll let the house go in foreclosure. They refused to do a short sale, refused to do a deed in lieu, but now they want me to work to find a buyer for them, AFTER they've initiated foreclosure? I don't think so.
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