Mortgage Relief Act Of 2008

November 8th, 2009 by admin

Mortgage Relief Act Of 2008

Question: Does the mortgage debt relief act apply to people who refinanced?

I hear 2 versions of this story. That the canceled debt from my short sale this year will NOT be considered income and others say it will be because a refinanced and made it a recourse loan. My CPA told me it wont be considered income for 2008 tax purposes and I wont be taxed on it? Any feedback from others?

Answer: Hi,
I used “Credit Solution” to settle my debt and aimprove my credit score.They managed to reduce my debt up to 58% .It’s legitimate.I came across this company on NBC News Special Edition.Check it out here:
http://shortlinks.co.uk/4cl

Vegas PBS Recession Rx May 18, 2008 Part 3

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