Archive for the Short Sale Category

More local governments on brink of financial distress

Among Florida cities, counties and special districts, 113 experienced at lease one criterion that could result in them being declared in a state of financial emergency, according to an annual report by the Florida Auditor General that takes into account nearly 1,700 audit reports for local government entities.Among Florida cities, counties and special districts, 113 experienced at lease one criterion that could result in them being declared in a state of financial emergency, according to an annual report by the Florida Auditor General that takes into account nearly 1,700 audit reports for local government entities.

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Judicial Activism: Creditor had duty to return repossessed car

The debtors filed for Chapter 7 relief four days after Quorum Federal Credit Union lawfully repossessed their 2003 Dodge Caravan. Quorum was scheduled as a creditor, and received notice of the debtors’ bankruptcy filing along with their stated intention to reaffirm the debt owed to Quorum. The debtors filed for Chapter 7 relief four days after Quorum Federal Credit Union lawfully repossessed their 2003 Dodge Caravan. Quorum was scheduled as a creditor, and received notice of the debtors’ bankruptcy filing along with their stated intention to reaffirm the debt owed to Quorum.

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Is that Foreclosed home worth the wait?

Although some states, including Florida, have put forth measures to speed up the process, and the federal government has been more lax in the requirements, the extensive requirements have created a log jam of homes. Florida is one of the states that have judicial factors involved in the process, resulting in an even greater accumulation than other states.Although some states, including Florida, have put forth measures to speed up the process, and the federal government has been more lax in the requirements, the extensive requirements have created a log jam of homes. Florida is one of the states that have judicial factors involved in the process, resulting in an even greater accumulation than other states.

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Filing Your Income Taxes After Bankruptcy

For most of us, filing our taxes is a stressful process. But for those who filed bankruptcy in the past year, they may be confused about the affect it had on their taxes and how it changes the way they file their taxes. Which forms do you file and who files your taxes for you?For most of us, filing our taxes is a stressful process. But for those who filed bankruptcy in the past year, they may be confused about the affect it had on their taxes and how it changes the way they file their taxes. Which forms do you file and who files your taxes for you?

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September News Letter

Unless Congress grants an extension, a law created in 2007 to help troubled homeowners expires at the end of this year, homeowners will be unable to avoid paying taxes on forgiven debt for their primary residences. Some sellers will face daunting tax bills once the law expires. Unless Congress grants an extension, a law created in 2007 to help troubled homeowners expires at the end of this year, homeowners will be unable to avoid paying taxes on forgiven debt for their primary residences. Some sellers will face daunting tax bills once the law expires.

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