Posts tagged with: "Mortgage+Debt+"
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11 Jul 2008, 4:57 pm
The debt is only one of the persons from prior days. [read post]
24 Mar 2011, 2:16 pm
A foreclosure will not necessarily extinguish the debt of a second mortgage, especially if the property owner owed more on the house than it was worth. [read post]
2 Apr 2023, 7:18 am
You will need to obtain permission from the bankruptcy court to take on new debt and you will need to demonstrate that you have the ability to make your mortgage payments in addition to your other obligations under your repayment plan. [read post]
28 Oct 2010, 9:51 am
Mortgage debt is specifically excluded here. [read post]
9 Feb 2009, 10:16 pm
The most common types of secured debts are home mortgages and car loans. [read post]
23 Jul 2013, 8:01 am
First Mortgage Corp (215 Fed Appx 114 (3d Cir. 2007), which concluded that Wells Fargo was a debt collector under the FDCPA. [read post]
13 Mar 2009, 5:05 am
Under the Mortgage Forgiveness Debt Relief Act of 2007, qualified taxpayers receive an an exclusion up to $2 million (or $1 million MFS) of debt forgiveness on a principal residence if a home has gone to foreclosure or forced mortgage restructuring. [read post]
28 Dec 2015, 12:51 pm
It can be an expensive option, especially when refinancing mortgages. [read post]
1 Jun 2012, 8:06 am
Question: Does filing bankruptcy in Ontario wipe out personal income tax debt ? [read post]
16 Aug 2010, 4:14 pm
Susanne Robicsek 2002 If you are considering bankruptcy, mortgage modification, debt relief, debt settlement, debt management (credit counseling) or debt consolidation, you should look at all of them to be sure you are making the right decision for you and that you have all the facts. [read post]
13 Aug 2011, 8:12 am
While it's likely that a majority of that debt is tied up in mortgages, which is usually considered good debt, a mortgage has quickly turned in the last few years into bad debt. [read post]
1 Mar 2011, 1:23 pm
Complaints regarding creditor debt collection agencies, debt buyers, collection attorneys, and many mortgage servicers generate more complaints to the Federal Trade Commission (FTC) that any other industry. [read post]
2 Apr 2014, 12:53 pm
I checked out the company that held the debt. [read post]
11 Feb 2010, 3:14 pm
In the event that the value of the mortgaged property is less than the outstanding loan balance, the lender will likely request that borrowers with an ability to pay execute a new promissory note for repayment of all or a portion of the deficiency amount.One last item to consider: Just as debt forgiveness in general is taxable income to a debtor, the uncollected deficiency balance would be considered income to the borrower, and a 1099 can be issued by the lender. [read post]
10 Oct 2012, 11:10 am
Many homeowners may feel relieved to get a call from a debt relief company or mortgage modification firm informing them that they can help negotiate mortgage terms and lower loan payments for a small fee. [read post]
11 Nov 2020, 8:52 am
Mortgage-specific content for debt validation notices–on hold The proposed debt collection rule included optional, alternate content, to be used in a debt validation notice for loans subject to the mortgage periodic statement requirement in 12 C.F.R. 1026.41. [read post]
1 May 2020, 2:25 pm
A surge in repurchase claims against mortgage originators may be imminent as aggregators and servicers face nonpayment of debt obligations and liquidity shortfalls resulting from an increase in residential mortgage loans put in forbearance. [read post]
15 Feb 2008, 8:14 am
Jennifer A: Congress recently passed H.R. 3648, the "Mortgage Forgiveness Debt Relief Act of 2007. [read post]
11 Jan 2012, 11:21 am
On 1 December 2011, the Victorian Government commenced the Farm Debt Mediation Scheme which makes it compulsory for creditors to offer mediation to farmers before commencing debt recovery proceedings on farm mortgages. [read post]
7 May 2012, 2:42 pm
Law school debt is kind of like buying a house with a mortgage, burning the house down, and then continuing to pay the mortgage… Continue reading »Follow Above the Law on Twitter or become a fan on Facebook.Tags: Debt, Debts, Florida, Jessica Ramm, Law School Debts, Quote of the Day, Student Debt, Student Debts, Student Loan Debt, Student Loans [read post]
