Wednesday, December 11, 2013

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The section of the Mortgage Debt Relief Act of 2007 that applies to this discussion is HR 3648. Homeowners in default need to speak to their tax advisor about how HR3648 applies to them. The Mortgage Forgiveness Debt Relief Act and Debt Cancellation. ... Read Content

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MORTGAGE FORGIVENESS DEBT RELIEF ACT OF 2007 (HR 3648)
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Mortgage Forgiveness Debt Relief Act of 2007 (H.R. 3648) In 2007, under the Bush Administration, a major federal tax program to help homeowners in distress was enacted, called the Mortgage Forgiveness Debt Relief Act (H.R. 3648). ... Access Document

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