Tuesday, March 01, 2005

Bankruptcy Reform


CALL FOR ACTION: Bankruptcy Reform

Tell your Senators to vote for bankruptcy reform today. This week, the U.S. Senate will debate S. 256 the "Bankruptcy Abuse Prevention and Consumer Protection Act of 2005." S.256 contains four provisions that REALTORSÃ’ have wanted:
* Eliminates the cap on single-asset bankruptcies;
* Provides protections for shopping center owners;
* Closes the loophole which allows rental housing tenants to avoid eviction;
* Requires homeowner and condo association fees to be non-dischargeable.
NAR has lobbied for bankruptcy reform for five years. It's time to get it done.
What You Need to Do
Simply click on the "Take Action" button on this screen. The letters are already written for you and are just three computer clicks away from delivery directly to their offices.
If you cannot access the "Take Action" feature, just log on directly to the NAR Action Center (www.naractioncenter.com) to send letters to both of your U.S. Senators asking them to vote for S. 256Act.
The window of opportunity in the Senate may close quickly on this issue. Tell your Senators it's time for bankruptcy reform, NOW.

Click here for more information on Bankruptcy Reform,


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