Category Archives: REAL ESTATE

Offshore

Taxation of Canceled Debt: Foreclosure Backlash

So, you’re having trouble keeping your head above water with the mortgage payments on your home. You start to slip behind and find that your home is now being foreclosed. What’s next? You can now expect a Form 1099-C from your bank or lender stating that they are forgiving a portion of your debt that remains unpaid. Great news, right? READ FULL POST

PALM BEACH POST: HLA Forces Lender to Modify Homeloan

Harrington law persuades judge to force lender to modify loan.