Stop Foreclosure
Our team can help you to stop the process.
We have specialized in helping homeowners
all over New York State since
Program 3648 Mortgage Forgiveness Act was passed in 2007.
In October 2008 the Emergency Economic Stabilization Act extended mortgage forgiveness options for struggling homeowners. We use our knowledge of the law to negotiate with banks and restructure mortgage payments.
I have been trained to work with banks, sellers, and buyers to provide a painless way out for homeowners living under the threat of foreclosure. Don't Risk loosing your home to foreclosure, ruining your credit for the next 10 years, having your pay garnished, and being responsible for all liens incurred on your home in the process. Call an expert today!
The Mortgage Forgiveness Debt Relief Act of 2007
When the lender decides to forgive all or a portion of your debt and accept less, the forgiven amount is considered as an income for the borrower and is liable to be taxed. However, after the signing of The Mortgage Forgiveness Debt Relief Act of 2007 by President Bush, amendments have been made to remove such tax liability and allow the borrower and lender to work freely together and find a common solution that is beneficial to both the parties.
Contact Me Today And I Will Get Started Helping You to Make a Clean Exit From the Foreclosure!
