Posted on: 13th Jul, 2010 08:14 am
Isn't there a new law of debt forgiveness for homeowners in forclosure
Hi freekingout,
I haven't heard about any new law regarding debt forgiveness. However, the 2007 Mortgage Debt Relief Act will remain in vogue till 2012. You can check out the given page in this regard to know more:
http://www.irs.gov/individuals/article/0,,id=179414,00.html
Thanks
I haven't heard about any new law regarding debt forgiveness. However, the 2007 Mortgage Debt Relief Act will remain in vogue till 2012. You can check out the given page in this regard to know more:
http://www.irs.gov/individuals/article/0,,id=179414,00.html
Thanks