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The state is again expanding its federally funded mortgage relief program to help more Californians. People who missed mortgage payments as late as Feb. 1 are now eligible for help.
(The Center Square) – Attorney General Rob Bonta announced that he has secured $625,000 in restitution for Californians whose rental applications have been denied due to rental debt accrued ...
The offer eventually was increased to $18.4 billion in debt relief and $2 billion in other financial assistance for California homeowners. [ 21 ] [ 22 ] Harris worked with Assembly speaker John Pérez and Senate president pro tem Darrell Steinberg in 2013 to introduce the Homeowner Bill of Rights, considered one of the strongest protections ...
California’s tax law is confusing even to the legislators that create it. Loan debt relief should stay in the pockets of students, writes Robin Epley. | Opinion
Mortgage Forgiveness Debt Relief Act of 2007: To amend the Internal Revenue Code of 1986 to exclude discharges of indebtedness on principal residences from gross income, and for other purposes. Pub. L. 110–143 (text) December 21, 2007 Methamphetamine Remediation Research Act of 2007
The Mortgage Forgiveness Debt Relief Act of 2007 was introduced in the United States Congress on September 25, 2007, and signed into law by President George W. Bush on December 20, 2007. This act offers relief to homeowners who would have owed taxes on forgiven mortgage debt after facing foreclosure .
Debt forgiveness can offer relief from overwhelming financial burdens, but it does have downsides. Debt forgiveness is only one option for managing difficulties with repayment.
The Fair Debt Collection Practices Act (FDCPA), Pub. L. 95-109; 91 Stat. 874, codified as 15 U.S.C. § 1692 –1692p, approved on September 20, 1977 (and as subsequently amended), is a consumer protection amendment, establishing legal protection from abusive debt collection practices, to the Consumer Credit Protection Act, as Title VIII of that Act.
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