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The governor would make about 500 inmates, out of the roughly 600 serving sentences of 15 years to life or more, eligible for reduction of their sentences.
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About 12,000 federal prisoners could now be eligible for reductions, with the average being about three years.
Under the terms of the Countrywide settlement, borrowers with subprime loan products were to be eligible for reductions in principal, lower interest rates and conversion from adjustable to fixed-rate mortgages.
It would include reducing mandatory minimums, giving judges more flexibility to sentence below those minimums, and making more inmates eligible for reductions to their sentences under the new ratio.
The 200,000 homeowners who receive notification that they are eligible for a reduction in their mortgage principal have been screened for eligibility, but they must qualify under the terms of the offer.
Small businesses would be eligible for a reduction in the fee.
He will be eligible for a reduction of a maximum of 3 ½ years of his sentence for good behavior, but not for parole.
A -- Richard Siegler, a Manhattan co-op lawyer, said that the letter writer probably would not be eligible for a reduction in common charges, either retroactively or prospectively.
Administration-insured loans are technically eligible for debt reduction, but not many are expected to be reduced because banks are more likely to address loans not insured by the agency.
As a result, the commission is considering a proposal that would allow judges to remove prison time in excess of the old statutory minimum sentences, but such inmates would still not be eligible for a reduction to the new minimum sentences established by the 2010 law.
She will also be eligible for a reduction in the sentence if she "has outstandingly good performance").
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CEO of Professional Science Editing for Scientists @ prosciediting.com