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Tax on Short Sale, Loan Modification and Foreclosure – Recourse vs Non-Recourse Mortgages
realestatemarketingthisweek.com – Arizona is not a recourse state, so chances are you will not owe 1099 C Income – Part 6 – In Arizona, typically its not a recourse state, so if they are telling you that theyre going to garnish your wages because you didnt pay back your entire mortgage, there is a local [...]
Bankruptcy Mortgages – Get a Mortgage After Bankruptcy Discharge
In today’s world, bankruptcy mortgages are not uncommon. According to figures from the government’s Insolvency Service, in quarter three of 2007, there were 26,072 individual insolvencies in England and Wales. This was made up of 15,833 bankruptcies and 10,239 Individual Voluntary Arrangements (IVAs) – where you are still unable to borrow but you keep your [...]
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