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Showing posts with label Debt Relief. Show all posts
Showing posts with label Debt Relief. Show all posts
5/31/2013

Update to HAFA Short Sale Program in 2013

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The "Home Affordable Foreclosure Alternative" (HAFA) program is a program for distressed homeowners to sell their homes and avoid ...
1/09/2013

Benefits of the New (and Extended) Tax Laws for 2013

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Much has been written about the last-minute passage of the "fiscal cliff" issues by the federal government.  But, remember there a...
12/11/2012

The Fiscal Cliff - or Tax Breaks That Could Be Gone

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At the end of 2012, depending on what happens between the political parties, there could be many expiring tax provisions that originated i...
10/29/2012

Eliminating Your Second Lien -- Do Some Checking First

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Under a new program by offered by Bank of America for home mortgage second liens, about 150,000 of its borrowers are being contacted to a...
10/09/2012

The Mortgage Debt Relief Act Is Hanging in the Balance For Long Beach Area Owners

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In 2007, the Mortgage Debt Relief Act was passed in an attempt to help the millions of homeowners who, due to the housing crisis and econ...
6/06/2012

The Potection of the Mortgage Debt Relief Act Coming to End

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With some recent news about positive signs in the real estate market, some owners may be taking the pressure off themselves.  However, the ...
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7/20/2011

Good News for Short Sale Sellers and Junior Mortgages (and How Jerry Brown Used to Look)

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Finally, short sale sellers in California and the Long Beach/Los Angeles County area have more protection against deficieincy judgments.  Se...
2/02/2011

Looking Down That Road: Borrowers Need to Know Their Options

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For some people, the picture of this highway might represent escape. For others, it could mean taking a new direction. It's important ...
10/23/2008

Foreclosure or Short Pay Debt? New Laws

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Starting September 25, 2008, the federal income tax exemption for debt forgiven on a home loan now partly applies to California's state ...
2/28/2008

Mortgage Debt Relief Bill in California: Not Quite as Forgiving

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Like the housing market, debt relief is a little more expensive in California. On the state level, Senate Bill (SB) 1055 , authored by Sen...