December 23, 2009 by Ken Gross
Category: Banks & Credit Card Companies, Debt Resolution, Loan Modification, The Bankruptcy Process, The Foreclosure Process, The Short Sale
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June 12, 2009 by Ken Gross
June 11, 2009
You won’t hear me sing, Happy Birthday Mr. President By Colleen McDonald
In 1999, at age 30, I became president ...Read More
Category: Auto Industry Bailout
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June 1, 2009 by Ken Gross
FACING DESPAIR? .. YOU’RE NOT ALONE AND YOU OWE IT TO YOURSELF TO LEARN AND FIND OUT WHAT YOU CAN DO …
there are solutions to Credit Card Debt …
there are solutions to save your home and fight for a real loan modification…
there are solutions if you owe federal or state taxes..
LEARN WITH US ...Read More
Category: Banks & Credit Card Companies, Tax Issues
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by Ken Gross
The Detroit Newsdetnews.com
Saturday, May 30, 2009
New Chrysler days from emerging
Quick regrouping from bankruptcy sets example for industry
Alisa Priddle / The Detroit News
New York — The fate of the newest incarnation of Chrysler, poised to emerge in Metro Detroit, won’t be known until Monday or Tuesday.
It marks an unexpected delay in a ...Read More
Category: Auto Industry Bailout
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May 20, 2009 by Ken Gross
The Senate today passed the new Credit Card Legislation. This is good news and long overdue. The Bill (assuming it gets to the President for signature) prohibits the credit card company from raising interest rates unless the cardholder is 60 days late on a payment. Also good news is that payments made must now be ...Read More
May 15, 2009 by Ken Gross
I don’t know about you .. but as far back as I can recall … I always looked with awe at the site of a New Car Dealership. All of those shiny new cars, the hustle bustle of the show room, the magnitude of the lots outside .. the stickers .. yes, they ...Read More
Category: Auto Industry Bailout
Tags: Chrysler Dealer Closings
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April 25, 2009 by Ken Gross
UPDATE – MAY 8, 2009
BAD NEWS – THE LEGISLATION WAS DEFEATED IN THE SENATE … IT IS BACK TO THE DRAWING BOARD WHEN IT COMES TO PRINCIPAL REDUCTION RELIEF FOR HOMEOWNERS WHO ARE UNDERWATER ON THEIR HOMES.
YOU CAN STILL HELP – PLEASE SEND YOUR CONGRESSMEN AND SENATORS THE FOLLOWING EMAILS –Please email your ...Read More
Category: Cram Down Legislation, The Bankruptcy Process
Tags: Government
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April 12, 2009 by Ken Gross
Mr. President,
I respectfully wish to remind you of a campaign pledge and promise repeatedly made – to the millions of American’s who are underwater in their homes ..and have suffered elimination or severe decline in incomes. The current word is that the Democratic leadership is going to abandon the ...Read More
Category: Auto Industry Bailout, Cram Down Legislation
Tags: President
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April 10, 2009 by Ken Gross
As of 4-9-09 – Cram Down Bill is in Trouble …
MORTGAGE MODIFICATION, EXECUTIVE COMPENSATION LIKELY TO BE DROPPED FROM SENATE AGENDA
Senate Democratic leaders appear likely to drop several high-profile legislative issues from their agenda, including efforts to tax bonuses paid to corporate executives and giving bankruptcy judges the ability reduce mortgage ...Read More
Category: Cram Down Legislation, The Bankruptcy Process
Tags: Auto Industry Bailout, auto sales, car loans, Chrysler, Fiat, financial crisis, GM, Task Force
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April 1, 2009 by Ken Gross
Tuesday, April 7, 2009
Commentary
Auto task force should pump up sales, not concessions
Ken Gross
We’re back to Stage 1 with the auto bailout. GM has been told it must gain greater concessions from the bondholders and the UAW within in 60 days or else. Chrysler has been told it has 30 days to ...Read More
Category: Auto Industry Bailout
Tags: Auto Industry Bailout, auto sales, car loans, Chrysler, Fiat, financial crisis, GM, Task Force
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