ARCHIVED BLOG POSTS
2012
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 economic crash, suddenly found themselves in danger of losing their home to foreclosure. The Mortgage Debt Relief Act has helped many distressed homeowners fi...
06/28/2012
• When does the Mortgage Debt Relief Act Expire? December 31, 2012. • How much debt can be forgiven? $2 million ($1 million if you are married and filing separately. • Does this apply to any debt that is forgiven? No, the Mortgage Debt Relief Act applies only to debt forgiven on your primary res...
06/28/2012