Taxes on Short Sale, Loan Modification & Mortgage Foreclosure 7 Nov08 Bankruptcy & Insolvency

Tax on 1099C, Cancellation of Debt Income; Short Sale, Loan Modification & Foreclosure. Exception; Mortgage Forgiveness Debt Relief Act, Bankruptcy & Insolvency. Go To RealEstateMarketingThisWeek.com Part 7 (Excerpt) Beware of grandiose claims when dealing with a loan modification firm. You know I am glad that were back, when we went to the break we were talking amongst ourselves about some of these concepts, I really want to bring this back down to the listeners. [more...]

Date: 2009-09-29 17:30:06

Blog posts (16) | Videos (19)
 

Dicing With Debt

Dicing With Debt Posted in January 15th, 2009 Category:Debt Relief Britons are taking on record levels of mortgage and credit card debt, with figures released last year showing that UK personal debts far out weigh that of our European neighbours. For those in need of help with financial problems then the Citizens Advice Bureau [more...]

Date: 2009-01-15 07:42:47

Debt

It is not a pretty time in our economy, folks: job losses, mortgage crisis, serious debt issues ... , Debt Counseling, Bankruptcy, and Credit Card Monthly Payment. An additional option is Freedom Debt ... , and the great convo we had yesterday evening already on my mind, I came across a debt relief program [more...]

Date: 2008-11-15 06:46:40

How To Do A Short Sale

Why Would a Lender Accept a Short Sale? By Elizabeth Weintraub A short sale in real estate is not always a pleasant transaction ... credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners ... conditions pursuant to the Mortgage Forgiveness Debt Relief Act of 2007, be aware the I.R.S. could [more...]

Date: 2009-01-11 18:17:51

Immediate Credit Card Debt Relief

Credit card debt relief can be accomplished through several ways. First of all though is to accept the fact that paying a monthly payment that is more than 20% of the monthly income other than for a mortgage or rent spells trouble. [more...]

Date: 2009-09-26 11:20:17

Congress Dismayed By The Direction Of Paulson’s ‘$700 Billion Plane’

Today, Treasury Secretary Henry Paulson appeared before the House Financial Services Committee — alongside Federal Reserve Chairman Ben Bernanke and ... up just about everything but mortgages, including credit card debt. But as Andrew Jakabovics explained, “ ... Relief Program (TARP). During the hearing, Congress voiced its displeasure with Paulson. [more...]

Date: 2008-11-19 00:00:30

The Truth about Debt Management Plans

by Jon Ochs In my years of experience in the industry, I have found that most people are looking for a debt relief option that does not exist ... Consolidation: Debt consolidation is, in nearly all cases, a home equity loan or second mortgage ... . Because these programs rarely ever do what they claim, and many credit card companies no longer endorse [more...]

Date: 2008-09-21 12:49:13

Better Hope the “Blame Bush” Part Works

Better Hope the “Blame Bush” Part Works Jennifer Rubin - 12.22.2008 - 12:48 PM Well, let’s give Alice Rivlin credit ... concrete results in areas such as providing mortgage relief or extending unemployment benefits ... a legacy of debt, transforming the biggest surpluses in history into the biggest deficits and affecting [more...]

Date: 2008-12-22 17:48:14

Freedom Debt Relief

Today when I was out running errands, I had a telemarketer call me. Usually I don’t even answer numbers that I suspect are telemarketers ( ... and it was a debt consolidation company. The guy asked me how much debt I had and I told him we didn’t have any, other than our mortgage. He seemed very shocked…he was like, “No credit card debt? No medical [more...]

Date: 2008-12-19 05:10:36

Debt relief Deals “attack on the confidence of consumers”

How’d you to your monthly credit card payments and loans - guaranteed? ... said Carol creditors can lower their interest rates. Carol, who can pay their credit card, mortgages ... rate or reduce the amount you are liable. But beware! Some of these programs are debt relief Scams [more...]

Date: 2008-07-18 10:38:03

Ultimate Debt Guide - Get Out of Debt With Debt Consolidation?

by Ash Ford How to get out of debt by not filing for bankruptcy or by signing up to a long-term debt relief plan which has the potential to push you ... truth about the credit card game is clear to me now and you’ll learn why numerous people remain in debt ... and be in over your head with loans, credit cards, car payments, mortgages etc. Finding a way [more...]

Date: 2009-01-15 02:47:14

Print Media Death Watch

First we hear that the New York Times has mortgaged their brand new midtown skyscraper and may have to sell it, ... , seeking relief from $12 billion in debt that largely stems from last year's leveraged buyout of the media ... have coupled with a credit crisis, making it extremely difficult to support our debt," Zell said [more...]

Date: 2008-12-08 21:03:00

Second Economic Stimulus Check: Obama’s Economic Plan

The ink hasn’t even dried on the first economic stimulus checks mailed out last month and this month and there’s already talk of another stimulus ... , as well as debt relief for students. It’s the first economic salvo fired by Democratic Presidential ... Foreclosure Prevention Fund (which would include a credit of 10% of their mortgage interest payment [more...]

Date: 2008-06-11 22:09:01

A Buyer of Structured Settlement Annuity Can Lead the Way to Financial Relief

We could all use a little bit of relief these days – in the financial arena to be sure ... and our families through the tough times. But when debt is piled on your back, mortgage payments are staggering, property tax is unseemly, school loans are due, car payments have to be made, health insurance keeps [more...]

Date: 2009-01-14 03:07:18

Recent Bankruptcy? It’s Not Impossible to Obtain a Home Loan

Because the new bankruptcy laws go into effect on October 17, 2005, more Americans than ever are filing for relief using the federal bankruptcy laws ... discharge. Ironically, some those that would not previously qualify for a mortgage do qualify after ... payments. The DTI* (debt-to-income) ratio of this person is 81.25%. Since his credit score is low [more...]

Date: 2009-01-15 00:11:26

Relief for Struggling Homeowners: A New Take on Loan Modification

If you’re struggling with the monthly payments on your mortgage in these difficult times or know someone who is, read on! ... to completion. Credit restoration, debt settlement and credit counseling services are also offered, meaning ... January Financial has evaluated a few different services and has partnered with one that we feel [more...]

Date: 2008-09-02 13:39:11

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