TAMPA CRIMINAL DEFENSE
At the Galewski Law Group we understand that drunk driving or criminal charges
are not just a case, but a question of your freedom and legal privileges. Our
experience includes service to the New York Supreme Court’s criminal
prosecution calendar, as well service to the appellate jurisdiction, servicing
criminal appellate cases, of Florida’s Eighth Judicial Circuit. We use this
experience to assure the best results under the circumstances.
We have seen many accused lose their freedoms by taking advice from inmates
or friends and we are here to provide knowledgeable legal counsel and to help
you navigate through this troubling time. If you are accused of a crime or DUI we
will work to prove your innocence or to negotiate the most freedom. Remember it
is your freedom on the line, do not speak to the authorities until you have
consulted with a lawyer.
Significant Representations:
* Successfully represented over 1000 defendants against various charges
ranging from traffic and speeding tickets to homicide.
* Successfully represented defendant in against federal charges of drug
trafficking.
Tampa Attorney
GALEWSKI LAW GROUP, P.A.
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Tampa Bankruptcy Attorney’s Update to the Bankruptcy Mortgage Reduction or Bankruptcy Mortgage Modification
Amendments:
Senate Rejects Mortgage Cramdown Provision
The Senate defeated by 51 to 45 votes an amendment to the Helping Families Save Their Homes Act that would have granted bankruptcy judges broad
authority to modify the mortgage terms for at-risk homeowners.
Assistant Senate Majority Leader Dick Durbin, D-Ill., chief sponsor of the ‘cramdown’ provision, said he was disappointed with the vote but would continue to
bring the issue to the floor “until the Senate decides to put the interests of homeowners above the interests of bankers.” Durbin noted that the number of
homeowners at risk of losing their homes now stands at over eight million, compared to nearly two million only two years ago.
“We’ve given the bankers who got us into this crisis every opportunity to responsibly address this crisis and they have failed,” Durbin said.
The White House said that notwithstanding the Senate vote on the Durbin amendment it looks forward to working with Congress to craft “appropriately tailored
legislation to provide a mechanism for homeowners who are out of other options to file for bankruptcy and implement a responsible plan to pay the debts that
they are able to pay.”
Meanwhile, Senate Minority Leader Mitch McConnell, R-Ky., said the provision would have lead to higher interest rates and even greater uncertainty in the
housing and credit markets. “It’s clear that we cannot fix the housing problem by implementing bad policies,” he said.
The American Bankers Association agreed, noting that Congress and the administration have taken several strong steps to help troubled borrowers and get
the economy back on track. “Giving bankruptcy judges broad cramdown authority would work against those efforts and effectively undermine the goal of
stabilizing the housing market,” the association said.
Analysis: Your Tampa Bankruptcy Lawyer notes that this means that for the time a Bankruptcy cannot be used to
reduce the principal amount due on a first mortgage, but since the House has passed the Bankruptcy Reform Bill,
it is possible that a Bankruptcy Judge may have the authority to cramdown or modify a mortgage in the near
future.