It seems as if there has been very little in the media in regards to the so-called mortgage cramdown bill (HR 1106). This the so-called stick to go along with the carrot in terms of Obama's mortgage rescue plan. The basic idea is that, under certain circumstances, if you worked in good faith to get a modification and the lender did not grant one, then the bankruptcy courts could do so. The original house bill was passed, albeit in a watered-down form due to pressure from finanncial lobbyists.
This week, I am going to call my US Senators office and see if they support the bill and hopefully find out who is against it as well. The link to your senator's office is
U.S. Senate: Senators Home. Please call this week and voice your opinion. Even if you are not considering BK, you may benefit from the passing of this bill as it will give servicers and lenders something to think about before they decline to give you and others a modification.