AMERICAN CIVIL LIBERTIES UNION AND ATTORNEY GENERALS-Help Change Bankruptcy Laws So People Have The Same Rights As Businesses.
  • Petitioned Kamal Harris

This petition was delivered to:

Attorney General CA.
Kamal Harris
Co. Attorney General
John W. Suthers
Executive Director Howard Simon
AMERICAN CIVIL LIBERITIES UNION
Executive Director Kary Moss
AMERICAN CIVIL LIBERTIES UNION
Executive Director Hector Villagra
AMERICAN CIVIL LIBERTIES UNION
Executive Director Kevin M. Keenan
AMERICAN CIVIL LIBERTIES UNION

AMERICAN CIVIL LIBERTIES UNION AND ATTORNEY GENERALS-Help Change Bankruptcy Laws So People Have The Same Rights As Businesses.

    1. Leonard Tekaat
    2. Petition by

      Leonard Tekaat

      Bakersfield, CA

2 Petitons concering solving the foreclosure, and unemployment crisis. Currently business can use the bankruptcy court to have their debts modified to current interest rates and principal balances reduced by a judge. By law judges are not allowed to do the same for homeowners. This is clearly a violation of the fourteenth amendment to the United States Constitution under the "equal protection under the law clause"

The 14th Amendment Section 1 reads: 1. All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside. No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.

The ACLU and the Attorney Generals have failed to make this breech of our citizens homeowner's rights a top priority. If they made it a top priority, and we convinced Congress to change the law, banks would be more willing to work with homeowners to modify there interest rates, and adjust their principal balances to the current interest rates, and market value of the home. (see video)http://www.youtube.com/watch?v=J7YPR_p7DYQ/

While we're at it, we should allow homeowners to satisfy the mortgage insurance requirement, for down payments under 20%, to be satisfied by a mortgage payment insurance policy that would pay the mortgage payment if the homeowner became unemployed by no fault of their own, or became disabled. This would be better for the economy, because there would be less foreclosures, and the banks would still get their payments. As we have found out in this Great Recession, banks would rather collect mortgage insurance than modify the mortgages to keep the payments coming in, because it is more profitable for the banks to collect the mortgage insurance.

2nd Pertition 
Please view and sign, if you agree, our other Petition on Change.org at . http://www.change.org/petitions/stop-the-unnecessaryforeclosures-and-uneployment-crisis-with-new-mortage-terms/

 

Recent signatures

    News

    1. Reached 50 signatures

    Supporters

    Reasons for signing

    • skyler king CENTREVILLE, VA
      • almost 3 years ago

      If we all take one step forward, not even congress can hold us back.

      REPORT THIS COMMENT:
    • Terry C CASTLE ROCK, CO
      • almost 3 years ago

      Corporations are NOT people. Our constitution is meant to protect the rights of actual people. Corporations should not have the same rights as natural people, much less more rights.

      REPORT THIS COMMENT:
    • Anthony Rust MINNEAPOLIS, MN
      • almost 3 years ago

      Because I'm pert near bankrupt and could use a bailout.

      REPORT THIS COMMENT:

    Develop your own tools to win.

    Use the Change.org API to develop your own organizing tools. Find out how to get started.