High Quality Content by WIKIPEDIA articles! A cram down or cramdown is the involuntary imposition by a court of a reorganization plan over the objection of some classes of creditors. While typically used in a corporate context, the phrase has gained currency in a personal context the financial crisis of 2007-2009. Under current United States law, bankruptcy courts are not allowed to perform cram downs on mortgages of bankruptcy filers' primary residences. As a potential solution to the subprime mortgage crisis, legislators and consumer advocates have advanced a proposal to allow cram downs on these loans, and legislation to that effect was introduced for potential inclusion in the Emergency Economic Stabilization Act of 2008

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