Comments: NY A09096 | 2011-2012 | General Assembly

Bill Title: Relates to good faith negotiations under mandatory settlement conferences; defines the term "good faith", and provides that the failure of a creditor to act in good faith shall entitle the debtor to appropriate relief as determined by the court including dismissal of the proceeding and/or cancellation of the underlying loan where appropriate.

Spectrum: Slight Partisan Bill (Republican 10-4)

Status: (Introduced - Dead) 2012-01-20 - referred to judiciary [A09096 Detail]

Text: Latest bill text (Introduced) [HTML]

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