Homeowners Forgiven for Debts They No Longer Owe to the Banks on their Mortgages
The New York Times has reported on homeowners who are receiving notices of forgiveness of second mortgages that were previously discharged in bankruptcy. The banks apparently claim that even if they...
View ArticleMortgage Forgiveness Tax Relief – Short Sales, Loan Modifications, Principal...
Homeowners who sold their properties in a short sale recently are still waiting to see whether the difference between the selling price and the amount owed under the mortgage will be taxable income by...
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