I saw this article on AOL today and thought I would pass it on to anyone who is thinking about filing bankruptcy or has filed bankruptcy.
When I first started working with Charlie (not his real name) in 2005, his bankruptcy had just been discharged,…
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In most states, including Maryland the answer is yes a second mortgage can foreclose if in default. The practical difficulty is that many junior mortgages are partially or wholly under water. This makes foreclosure all but impossible. In the…
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Tax Fact 10-Mortgage Debt Forgiveness: Forms 1099-A and 1099-C
By Kent Anderson, Oregon Bankruptcy Attorney on Mar 19, 2010 in Tax Issues
If your home is foreclosed, sold at a short sale, or if you give the home back to your lender in satisfaction o…
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