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  2. Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia

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

    This act offers relief to homeowners who would have owed taxes on forgiven mortgage debt after facing foreclosure. The act extends such relief for three years, applying to debts discharged in calendar years 2007 through 2009. With the Emergency Economic Stabilization Act of 2008, this tax relief was extended another three years, covering debts ...

  3. What is a deed in lieu of foreclosure? - AOL

    www.aol.com/finance/deed-lieu-foreclosure...

    The Mortgage Forgiveness Debt Relief Act, which has been extended through December 2025 with the Further Consolidated Appropriations Act of 2021, relieves homeowners from having to pay taxes on ...

  4. Homeowner Tax Break Set to Expire - AOL

    www.aol.com/2012/11/07/homeowner-tax-break-set...

    By Les Christie The clock is ticking on a tax break that saves struggling homeowners from paying thousands of dollars to the IRS. If the Mortgage Forgiveness Debt Relief Act of 2007 does not get ...

  5. California extends relief for homeowners who missed mortgage ...

    www.aol.com/news/california-extends-relief...

    The state is again expanding its federally funded mortgage relief program to help more Californians. ... Rescue Plan Act of 2021, the federal government awarded California $1 billion to help ...

  6. Debt relief - Wikipedia

    en.wikipedia.org/wiki/Debt_relief

    The Multilateral Debt Relief Initiative (MDRI) is an extension of HIPC. ... the Mortgage Forgiveness Debt Relief Act of 2007 provides that debt forgiven on a primary ...

  7. Amendments to the Internal Revenue Laws of the United States

    en.wikipedia.org/wiki/Amendments_to_the_Internal...

    P.L. 105-277 Enacted 10/21/98 Tax and Trade Relief Extension Act of 1998, ... P.L. 110-142 Enacted 12/20/07 Mortgage Forgiveness Debt Relief Act of 2007;

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