s 104 53461 1231218000 false 1231218000 1 61 6537 111 300038

1/6/2009--Introduced.Helping Families Save their Homes in Bankruptcy Act of 2009 - Amends federal bankruptcy law governing a Chapter 13 debtor (adjustment of debts of an individual with regular income). Excludes from computation of debts the secured or unsecured portions of: (1) debts secured by the debtor's principal residence if the current value of that residence is less than the secured debt limit; or (2) debts secured or formerly secured by debtor's principal residence that was either sold in foreclosure or surrendered to the creditor if the current value of such real property is less than the secured debt limit. Declares the credit counseling requirement inapplicable to a Chapter 13 debtor who certifies that he or she has received notice that the holder of a claim secured by the debtor's principal residence may commence a foreclosure on the debtor's principal residence. Requires the court to disallow a claim that is subject to any remedy for damages or rescission due to violations of state or federal consumer protection law, including the Truth in Lending Act, notwithstanding the prior entry of a foreclosure judgment. Allows modification of the rights of claim holders, in the event of a foreclosure notice for a chapter 13 debtor, among other means by: (1) reducing a claim to equal the value of the debtor's interest in the residence securing such claim, and any adjustments to a related adjustable rate of interest; (2) waiving early repayment or prepayment penalties; and (3) extending the repayment period. Denies debtor liability for certain fees and charges incurred while the bankruptcy case is pending and arising from a debt secured by the debtor's principal residence, unless the claim holder observes specified requirements. Adds to conditions for court confirmation of a plan in bankruptcy that: (1) the holder of a claim secured by the debtor's principal residence retain the lien securing the claim until the later of the payment of such claim as reduced and modified or the discharge of a debtor from all debts; and (2) the plan modifies the claim in good faith. Excludes from final discharge of a debtor from all debts: (1) any payments to claim holders whose rights are modified under this Act; and (2) any unpaid portion of a claim as reduced.

1231218000 2009-01-06 Sat Nov 14 04:45:53 -0600 2009 introduced 53461 '11':6 'bill':2 'code':11 'titl':5 'unit':9 'amend':4 'modif':15 'resid':21 'state':10 'purpos':25 'certain':17 'mortgag':18 'princip':20 'respect':13 65961 false official introduced 53461 'act':8 '2009':10 'help':1 'home':5 'save':3 'famili':2 'bankruptci':7 66521 false short action 53461 1231218000 Tue Jan 06 00:00:00 -0600 2009 179298 Read twice and referred to the Committee on the Judiciary. D000563 1944-11-21 8057 309 Hart Senate Office Building http://durbin.senate.gov/contact.cfm 202-228-0400 Richard 'd':4 'il':5 'sen':1 'durbin':3,7,9 'richard':2,6,8 M 300038 Durbin Richard_Durbin J. Sen. Richard Durbin [D, IL] 4406 N00004981 16927 Democrat 202-224-2152 Roman Catholic IL Dick Richard Durbin 3.90384615384615 http://durbin.senate.gov B000711 1940-11-11 14879 112 Hart Senate Office Building http://boxer.senate.gov/contact/email/policy.cfm 202-224-0454 Barbara 'd':4 'ca':5 'sen':1 'boxer':3,7,9 'barbara':2,6,8 F 300011 Boxer Barbara_Boxer Sen. Barbara Boxer [D, CA] 7259 N00006692 29173 Democrat 202-224-3553 Jewish CA Barbara Boxer 2.48101265822785 http://boxer.senate.gov SenatorBoxer B000944 1952-11-09 7910 713 Hart Senate Office Building http://brown.senate.gov/contact/ 202-228-6321 Sherrod 'd':4 'oh':5 'sen':1 'brown':3,7,9 'sherrod':2,6,8 M 400050 Brown Sherrod_Brown Sen. Sherrod Brown [D, OH] 5099 N00003535 13592 Democrat 202-224-2315 Lutheran OH Sherrod Brown 3.60294117647059 http://brown.senate.gov/ SherrodBrownOhio F000061 1953-03-02 3525 506 Hart Senate Office Building http://feingold.senate.gov/contact_opinion.html 202-224-2725 Russell 'd':4 'wi':5 'sen':1 'russel':2,6,8 'feingold':3,7,9 M 300042 Feingold Russell_Feingold D. Sen. Russell Feingold [D, WI] 1311 N00000036 13792 Democrat 202-224-5323 Jewish WI Russell Feingold 6.00925925925926 http://feingold.senate.gov SenRussFeingold F000062 1933-06-22 13993 331 Hart Senate Office Building http://feinstein.senate.gov/public/index.cfm?FuseAction=ContactUs.EmailMe 202-228-3954 Dianne 'd':4 'ca':5 'sen':1 'diann':2,6,8 'feinstein':3,7,9 F 300043 Feinstein Dianne_Feinstein Sen. Dianne Feinstein [D, CA] 7588 N00007364 20500 Democrat 202-224-3841 Jewish CA Dianne Feinstein 1.96713615023474 http://feinstein.senate.gov/public/ SenatorFeinstein H000206 1939-11-19 3701 731 Hart Senate Office Building http://harkin.senate.gov/c/index.cfm 202-224-9369 Thomas 'd':4 'ia':5 'sen':1 'tom':8 'thoma':2,6,9 'harkin':3,7,10 M 300051 Harkin Tom_Harkin Sen. Thomas Harkin [D, IA] 1929 Tom N00004207 9554 Democrat 202-224-3254 Roman Catholic IA Tom Thomas Harkin 3.10714285714286 http://harkin.senate.gov/ SenatorTomHarkin K000148 1943-12-11 26570 218 Russell Senate Office Building http://kerry.senate.gov/contact/email.cfm 202-224-8525 John 'd':4 'ma':5 'sen':1 'john':2,6,8 'kerri':3,7,9 M 300060 Kerry John_Kerry Forbes Sen. John Kerry [D, MA] 12091 N00000245 14462 Democrat 202-224-2742 Roman Catholic MA John Kerry 2.65384615384615 http://kerry.senate.gov/ M001176 1956-10-24 2289 B40b Dirksen Senate Office Building http://merkley.senate.gov/contact/contact.cfm 202-228-3997 Jeff 'd':4 'sen':1 'jeff':2,6,8 'merkley':3,7,9 M 412325 Merkley Sen. Jeff Merkley [D, OR] 946 N00029303 4473 Democrat 202-224-3753 OR Jeff Jeff Merkley 2.55172413793103 http://merkley.senate.gov R000122 1949-11-12 3242 728 Hart Senate Office Building http://reed.senate.gov/contact/contact-share.cfm 202-224-4680 John 'd':4 'ri':5 'sen':1 'jack':8 'john':2,6,9 'reed':3,7,10 M 300081 Reed Jack_Reed F. Sen. John Reed [D, RI] 1063 Jack N00000362 8956 Democrat 202-224-4642 Roman Catholic RI Jack John Reed 2.875 http://reed.senate.gov/ S000148 1950-11-23 15008 313 Hart Senate Office Building http://schumer.senate.gov/new_website/contact.cfm 202-228-3027 Charles 'd':4 'ny':5 'sen':1 'charl':2,6,8 'schumer':3,7,9 M 300087 Schumer Charles_Schumer E. Sen. Charles Schumer [D, NY] 7782 N00001093 20731 Democrat 202-224-6542 Jewish NY Chuck Charles Schumer 2.2 http://schumer.senate.gov/ senatorschumer W000802 5051 502 Hart Senate Office Building http://whitehouse.senate.gov/contact/ 202-228-6362 Sheldon 'd':4 'ri':5 'sen':1 'sheldon':2,6,8 'whitehous':3,7,9 M 412247 Whitehouse Sheldon_Whitehouse Sen. Sheldon Whitehouse [D, RI] 2198 N00027533 9079 Democrat 202-224-2921 RI Sheldon Whitehouse 3.5 http://whitehouse.senate.gov/ SenatorWhitehouse action 53461 1231218000 Tue Jan 06 00:00:00 -0600 2009 179298 Read twice and referred to the Committee on the Judiciary. action 53461 1231218000 Tue Jan 06 00:00:00 -0600 2009 179430 Sponsor introductory remarks on measure. (CR S64-66) introduced 53461 1231218000 Tue Jan 06 00:00:00 -0600 2009 179297