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Latest Promises In Bankruptcy
Barack Obama
Allow bankruptcy judges to modify terms of a home mortgage
House rejects “cramdown” amendment on bankruptcy modifications of home mortgages
|
January 7, 2010
Barack Obama
Forbid companies in bankruptcy from giving executives bonuses
No sign of action on promise about executive bonuses
|
January 25, 2011
Barack Obama
Allow workers to claim more in unpaid wages and benefits in bankruptcy court
No progress on promise regarding unpaid wages
|
January 25, 2011