Timothy J. Weiler Law
The largest banks in the world were bailed out by our government, however, I don't remember hearing about any individuals being offered the same deal. In fact, in 2005 president Bush signed into law the “Bankruptcy Abuse Prevention and Consumer Protection Act of 2005” which makes consumers jump through more hoops to take advantage of bankruptcy protection. It was hailed at the time as the banking lobby's greatest all-time victory. A few years later “At the height of the financial crisis, 18 very large financial institutions received $208. 6 billion in TARP funding almost overnight, in many cases without having to apply for funding or to demonstrate an ability to repay taxpayers,” – Congressional Oversight Panel.
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- Delaware Consumer Bankruptcy Since 1990
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My family and I worked through a program with a mortgage lender to qualify for a new home loan during our Chapter 13 Bankruptcy.
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