If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts the IRS wants you to know about mortgage debt forgiveness.
1. Normally, debt forgiveness results in taxable income. However, under [...]
Reading: “Agency seeks damages from failed bank’s officials”( http://twitthis.com/w4d6j3 )
Credit and Its Problems – a free seminar, March 3rd @ 7 PM at Sahara West Public Library. RSVP Abe Geller 869-8801
Protecting Your Assets – A free seminar, March 2nd @ 10 AM at Black & LoBello office, seating is limited. RSVP Abe Geller 869-8801
James E. Herbe, Esq. mentioned in In Business “Banks limited in recovering losses” http://bit.ly/94sz6e Banks limited in recovering losses
Study: States must fill $1 trillion pension gap http://news.yahoo.com/s/ap/us_pension_shortfall_study
Randy M. Creighton, Esq., will “Credit and its Problems,” a free seminar at the Sahara West Library Wednesday, March, 3rd at 7 p.m. Contact Abe Geller at 702.869.8801 or email ageller@blacklobello.com for additional information
As we enter the second year of widespread foreclosures and short sales in Clark County, we are just starting to figure out how the banks will behave. Many are unaware that they can take proactive steps to minimize both the possibility and effects of when lenders pursue a deficiency action.
As always, the best defense is [...]
Mortgage lenders pursue homeowners even after foreclosure(http://finance.yahoo.com/news/Mortgage-lenders-pursue-cnnm-3107909798.html?x=0)
Reading: “Extra staff to fight foreclosures”( http://twitthis.com/mercsq )
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