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Articles, tagged with "deed in lieu", page 1

Real Estate Law

Mortgage Debt Foregiveness and the IRS

28th April 2011
With the collapse of the economy and crash in the real estate market, more and more homeowners are finding that their home is “underwater” in the sense that the value of the their property is worth significantly less than the mortgage or mortgages that ar...
Author: Mitchell Sussman
Bankruptcy Law

What are the Chapter 13 Bankruptcy Debt Limits

20th January 2011
The bankruptcy law reads that one can only file for chapter 13 bankruptcy protection if their total debt falls below the defined debt limits. Before I get distracted, let me give you the information you came for: the Arizona chapter 13 bankruptcy debt ...
Author: Arizona Bankruptcy Lawyer
Legal

How Exactly Does the HAFA Short Sale Program Work?

21st May 2010
Las Vegas, maintains among the greatest property foreclosure rates within the nation. Hence, for many people living in Las Vegas, a Las Vegas Loan Modification could be the response to their issue However, not allqualify for the HAMP program or perhaps a ...
Author: Stephan Bowen
Legal

Understanding The Loss Mitigation Process

27th January 2010
Loss mitigation refers to a number of methods that allow homeowners to reinstate troubled mortgages and avoid foreclosure. As the name suggests, it helps minimize losses both for the lender and the borrower. Various methods and companies have turned up si...
Author: Brook