MBA and Cram-Downs by Cramdown

Fri, 18 Apr 2008 02:21:44 -0500

MBA and Cram-Downs

by Cramdown (cramdown) @ Fri, 18 Apr 2008 02:21:44 -0500

It's particularly amusing just after the OTS made a bit of a splash with its "Negative Equity Certificate" proposal, which is as close to a Chapter 13 cram-down as you can get without a judge involved. Regardless of what you might think ...

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