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  2. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    A deed-in-lieu of foreclosure involves turning over your home to a lender to avoid foreclosure proceedings. In some instances, going this route could help you avoid paying the remaining loan ...

  3. Why is it so hard to crack down on some landlords who won't ...

    www.aol.com/why-hard-crack-down-landlords...

    Because he failed to insure his properties, U.S. Bankruptcy Judge Alan M. Koschik eventually denied the bankruptcy protection that would have shielded 27 of his properties from foreclosure.. One ...

  4. Avoiding Foreclosure: Declaring Bankruptcy Sometimes Helps - AOL

    www.aol.com/2010/07/23/filing-for-bankruptcy-to...

    Katherine Porter, a bankruptcy expert at Harvard Law School, estimates that 75 percent of Chapter 13 filings fall into this category. Americans are increasingly filing for bankruptcy in order to ...

  5. Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Forgiveness_Debt...

    The Bipartisan Budget Act of 2018 renewed it for all of the tax year 2017 and offered a wide range of individual and business tax benefits that had expired at the end of 2016, including the "exclusion from gross income of discharge of qualified principal residence indebtedness (often, foreclosure-related debt forgiveness), claimed on Form 982." [2]

  6. Helping Families Save Their Homes Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/Helping_Families_Save...

    In addition, the bill amends the Hope for Homeowners Program as well as provide additional provisions to help borrowers avoid foreclosure. On May 20, 2009, President Obama signed the Homeless Emergency Assistance and Rapid Transition to Housing (HEARTH) Act into law (Pub. L. 111–22 (text)), reauthorizing HUD's Homeless Assistance programs. It ...

  7. Nonrecourse debt - Wikipedia

    en.wikipedia.org/wiki/Nonrecourse_debt

    The federal income tax effect of nonrecourse debt may be explained by first considering the tax effect of a disposition involving recourse debt (that is, a debt in which the property provides first security coverage, and the borrower/taxpayer is personally liable for any deficiency that may remain after the lender forecloses against the ...

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