Mortgage Forgiveness Debt Relief Act Extended to Cover 2015 and 2016

Posted on November 29, 2015 by Stephen Hachey

Thanks to a spending bill signed by President Obama on Dec. 18, 2015, the Mortgage Forgiveness Debt Relief Act has been extended to Dec. 31, 2016. The extension will also retroactively cover mortgage debt that homeowners canceled in 2015. The Mortgage Forgiveness Debt Relief Act helps homeowners avoid paying taxes on home mortgage debt that […]

Does the Hardest Hit Fund Help Floridians?

Posted on November 16, 2015 by Stephen Hachey

The housing market crash of 2007 caused millions of American homeowners to face the risk of foreclosure because of declining property values and staggeringly high unemployment rates. In 2010, a year after the worst part the crisis, the Obama administration initiated the ‘Hardest Hit Fund’ in an attempt to help homeowners who were affected the […]

Does Discharge in Bankruptcy Prevent Borrowers From Defending a Foreclosure?

Posted on November 7, 2015 by Stephen Hachey

If your home is in foreclosure and you are thinking about filing for bankruptcy, you are likely wondering if doing so will help you keep your home. The following are a few other questions to consider, as well: Will you still have to make mortgage payments after you file? Will your mortgage lender be able […]

Mortgage Forgiveness Debt Relief Act Extended to Cover 2015 and 2016

Does the Hardest Hit Fund Help Floridians?

Does Discharge in Bankruptcy Prevent Borrowers From Defending a Foreclosure?

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