Tag Archives: California Attorney General

Insolvency, Bankruptcy, and the Mortgage Forgiveness Debt Relief Act of 2007

By John Reynard III, Esq., LL.M. | Published: February 1, 2011

This is a brief description of cancellation of debt income and some of the tax provisions that are available to minimize or eliminate this type of tax.  Be aware that this is a very high level discussion and should not be relied on for your individual situation.  However, our firm is available to provide a [...]

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Halt In Foreclosures

By John Reynard III, Esq., LL.M. | Published: December 8, 2010

Over the past few months, banks have admitted that hundreds of thousands of homes may have been foreclosed improperly and not according to the required legal procedures.  Many major lenders have halted foreclosures in 23 states, Bank of America has stopped all foreclosures, and attorneys general from all 50 states are escalating efforts to stop [...]

Posted in Bankruptcy, Deficiencies, Foreclosure, Lenders, Loan Mods, Short Sales, Tax | Also tagged , , , , , | 1 Comment