Lenn,

The only reason that I point to my website is that I cannot post the article in its entirety to this site.  If you would like, I can email it directly to you.  And, thank you for supporting the legislation that would truly be "Hope for Homeowners."  Many of your colleagues oppose bankruptcy modification of loans in fear of losing out on short sales.  My point is that preserving home ownership will stabilize the market and marketplace, actually increasing the number, amount and value of homes for sale.

Lou Esbin

August 2009 Bankruptcy Filings:

All of Texas: ch 7 - 2,355, ch 13 - 2,666.

All of New York: ch 7 - 3,672, ch 13 - 797.

All of California: ch 7 - 14,108, ch 13 - 4,145.

All of Michigan: ch 7 - 4,589, ch 13 - 792.

All Hawaii: ch ...7 - 209, ch 13 - 46.

Central District of California (LA, OC, Riverside, San Bernardino, Santa Barbara, Ventura Counties): ch 7 - 7,464, ch 13 was 2,180.

Central District of California had more filings than entire states of Texas and NY.

Provided by the Bankruptcy Data Project.