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New Bankruptcy law


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2005 Aug 23, 4:55pm   23,426 views  171 comments

by Peter P   ➕follow (2)   💰tip   ignore  

Per Shmend Rick's request...

After October 17, the new bankruptcy law will come into effect. It will become more difficult for anyone to erase debt. How will this affect the credit market, the housing market, and the economy as a whole? Will this law change be the catalyst that pops the housing bubble?

#housing

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156   Peter P   2005 Aug 25, 10:20am  

““Some gated, Orwellian community”. I would love to live THERE someday! ”

Just you wait: courtesy of “Homeland Security”

Is the community built in 1984?

157   HARM   2005 Aug 25, 10:25am  

Jack Says:

MAYWW…
naaaahh ….. for a minute there HARM, I thought we had a new acronym!

Sorry for the delay, but this one took a little time:
PAWNS (Pale Attractive Wayward Newsworthy Sweethearts)

158   HARM   2005 Aug 25, 10:44am  

Np - always happy to supply helpful new acronyms :mrgreen:

159   Jamie   2005 Aug 25, 1:01pm  

I tried searching for houses on realtor.com and then checking prices on ditech.com. It took me about 40 minutes (with interruptions) to check about 6 houses, so I give up. I didn't discover anything earthshattering--was checking SF and San Mateo/Foster City, and all I discovered was that for $700K+, I can be the proud owner of a remodeled 2 br 1 bath house with triple digit square footage. Yeehaa.

BayQT is right about ditech.com's calculator having its limits. Can't check condos or places with unit #s, and some houses, like she said, come up with 0$ as previous sale value.

160   HARM   2005 Aug 25, 1:09pm  

New thread per GreenCanopy's request: "Land Prices & the Property Bubble"

161   sfbayqt   2005 Aug 25, 1:35pm  

Hey Harm ( SactoQT, Peter),

How do I get a topic to one of you (or whomever) to start a new thread? I think I missed the process somewhere along the line.

BayQT~

162   HARM   2005 Aug 25, 1:42pm  

BayQT, you can:

(1) Post your idea under "Lurker's Turn", which is meant to be a meta-thread where anyone can post ideas for new threads (didn't work out that way 100%, but oh well...), or

(2) Register for a WordPress user ID (see link on main page under "Meta" section) and then email it to Patrick (p@patrick.net) asking permission to become a threadmaster yourself.

163   sfbayqt   2005 Aug 25, 2:01pm  

Oh, cool! I registered earlier today and then emailed Patrick for instructions. :-) I guess I kinda half-way figured it out myself, huh. I *do* remember that you mentioned Lurker's Turn thread but didn't know that it was where I could actually post an idea....I think I thought it was for *looking* for ideas.

I believe I've got it now. :-D Thanks much!

BayQT~

164   HARM   2005 Aug 25, 2:11pm  

NP --and welcome to the club of Patrick.net thread moderators.
"You've taken your first step into a larger world" ;-)

165   sfbayqt   2005 Aug 25, 2:14pm  

:-) 8-)

BayQT~

166   KurtS   2005 Aug 25, 2:30pm  

I tried searching for houses on realtor.com and then checking prices on ditech.com. It took me about 40 minutes (with interruptions) to check about 6 houses, so I give up.

Jamie--
I think I found a quick/easy way to pull it off: I go to realtor.com, print up a bunch of property listings, then go to ditech and get the sales history. I managed to price out 20 homes during lunch today.

167   SQT15   2005 Aug 25, 2:38pm  

BayQt

If you go to the site admin page and click on the write tab, you should be able to write a post. I don't know if I'm lucky or what, but the first day I registered I got an email from Patrick saying I could post and that was that. I thought everyone who registered could post. Am I wrong?

168   Jamie   2005 Aug 25, 3:39pm  

Thanks, KurtS. Will try the printed listings method tomorrow!

169   sfbayqt   2005 Aug 25, 4:18pm  

If you go to the site admin page and click on the write tab, you should be able to write a post. I don’t know if I’m lucky or what, but the first day I registered I got an email from Patrick saying I could post and that was that. I thought everyone who registered could post. Am I wrong?

You're absolutely right. But after I registered I wasn't aware that I would receive email from Patrick. So not knowing what to do ( as I mentioned to Harm) I emailed Patrick regarding the procedure. I did, however, receive an email and all is well. :-D Thanks so much for your help.

BayQT~

170   Peter P   2005 Aug 26, 4:24am  

Homeland Security has you on tape sniffing 100’s. Better get those granite windows Peter.

What's wrong with that? Have they declared them controlled substances?

171   HARM   2005 Aug 28, 3:43am  

Just noticed that this thread is 1 post shy of 300. Is that significant? Not really, but what the hell --why not put it over the top...

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