Rachel Wilson

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The Mortgage Forgiveness Debt Relief Act and Debt Cancellation

10th January 2011
If you have had debt reduced through mortgage restructuring or debt forgiveness from your mortgage, law states that you would be taxed on the amount of the forgiveness. When a lender decides to cancel or forgive all or a portion of a borrower’s debt, ... Read >

Arizona Homeowners - How Short Sales Work and The Arizona Anti Deficiency Statute

10th January 2011
Are you amongst the thousands of homeowners in Arizona that owes substantially more on your home then what the property is presently worth? If so, it's crucial that you understand all of the options that are available to you. While everyone's circumsta... Read >

Facing Foreclosure? Tips to Avoid Foreclosure and Save Your Home

09th January 2011
Every three months, 250,000 new American families enter into a foreclosure. These homeowners often find themselves asking how they got there in the first place and what they could have done to prevent and avoid foreclosure. The path to foreclosure can ... Read >

Chapter 7 And Chapter 13 Bankruptcy - Which Is More Appropriate?

09th January 2011
In the USA, poorly managed debt and unforeseen negative financial events are all too common occurrences. Many people are forced to consider filing for bankruptcy protection in order to seek debt relief, avoid mortgage foreclosure or property repossessions... Read >