Last updated 7 hours 10 minutes ago
A law that served to spare homeowners from an onerous tax burden is about to vanish, leaving numerous Americans facing serious?and possibly unforeseen?financial difficulties. Signed into law by President George W. Bush in December 2007, the Mortgage Forgiveness Debt Relief Act is set to expire at the end of 2012. In this video, a financial analyst explains what the law is, what it was intended to do, and why its expiration is so important for American homeowners.
When you need legal assistance with a case involving foreclosure or another real estate transaction, contact the Law Office of Charles Castellon. We have provided legal counsel for hundreds of clients who were facing the potential loss of their homes. Call our Orlando office today at (888) 430-7139 to set up a consultation with one of our defense attorneys.
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