Categorized | Debt Relief

Does the mortgage debt relief act apply to people who refinanced?

Posted on27 November 2009.

I hear 2 versions of this tale. That the canceled debt from my small sale this year will NOT be considered income and others say it will be because a refinanced and made it a recourse loan. My CPA told me it wont be considered income for 2008 tax purposes and I wont be taxed on it? Any feedback from others?

Hi,
I used "Credit Solution" to settle my debt and aimprove my credit score.They managed to reduce my debt up to 58% .It’s legitimate.I came across this company on NBC News Special Edition.Check it out here:

http://shortlinks.co.uk/4cl

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One Response to “Does the mortgage debt relief act apply to people who refinanced?”

  1. Jennifer says:
    November 27, 2009 at 11:05 am

    Hi,
    I used "Credit Solution" to settle my debt and aimprove my credit score.They managed to reduce my debt up to 58% .It’s legitimate.I came across this company on NBC News Special Edition.Check it out here:
    http://shortlinks.co.uk/4cl
    References :

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