Banks Are Being Greedy Again-Congress is Listening!

 First Banks grossly mismanaged their lending practices resulting in outrageous profits and bonuses to the banks and their executives, at a small cost of bringing America's economy to its knees.


Then the Banks benefit from a MULTI-BILLION bailout of the Banks, all funded by US taxpayers.


Now the Banks may be influencing Congress to prohibit or severely diminish consumer remedies under the Truth in Lending Act (TILA) in a proposed legislation affecting bankruptcy laws.   The proposed legislation is called "Helping Families Save Their Homes in Bankruptcy Act of 2009".     


The Truth in Lending Act was designed to protect Americans from unfair practices by the Banks. 

If the Bankruptcy Code is amended to prohibit or severely limit remedies under the Truth in Lending Act in bankruptcy proceedings,  the Banks will avoid adverse consequences from their illegal and oppressive lending practices.  And, American Homeowners will be ripped off, again.  


WARNING:  Congress is listening to the Banks!!!!  Let Congress listen to American Consumers.


STOP what you are doing and TAKE ACTION NOW.  Tell Congress to say "NO" to Big Banks!  Just fill in the form below and press "sign".


Immediately tell Congress the American people demand that Congress reject any proposal that prohibits or diminishes any remedies under the Truth in Lending Act in Bankruptcy Court.   Simply fill out the form and press "sign".  (See petition letter)

We understand Citigroup and other Banks support a proposed legislation entitled "Helping Families Save Their Homes in Bankruptcy Act of 2009"  and that the Banks may be asking Congress to prohibit or severely limit remedies under the Truth in Lending Act (TILA). 

We object to any proposal by Citigroup or other Banks that in any way diminishes the terms or remedies of the Truth in Lending Act (TILA) for debtors in bankruptcy.  TILA which was designed to protect American Consumers from unfair and oppressive conduct by Banks.  

We ask that Congress protect Americans against any Bank proposed or supported changes to the Bankruptcy Code that probhits or limits remedies under TILA in bankruptcy proceedings.



Thank you for protecting and responding to the will of "the people". 


Sincerely,

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