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- H.R.1587
H.R.1587: Home Foreclosure Reduction Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about housing and community development
- Introduced April 15, 2011
- Latest Major Action June 1, 2011
- See the seven similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (All Democrats)
Bill Summary
Home Foreclosure Reduction Act of 2011 - Amends federal bankruptcy law governing a Chapter 13 debtor (adjustment of debts of an individual with regular income) to exclude from the computation of debts the secured or unsecured portions of: (1) debts secured by the debtor's principal residence if the value of the residence is less than the applicable maximum amount of noncontingent, liquidated, secured debts; or (2) debts secured or formerly...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on the Judiciary.
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Referred to the Subcommittee on Courts, Commercial and Administrative Law.
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April 15, 2011 |
Introduced in the House by John Conyers Jr. (D-Mich.) |