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does anyone know the new

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    does anyone know the new

    foreclosure relief that the president passed? I am trying to google it but having no luck.

    I need the qualification.

    #2
    You can do a search for:
    H.R. 3648: Mortgage Forgiveness Debt Relief Act of 2007

    Also: http://www.irs.gov/individuals/artic...179414,00.html
    Bankruptcy History:
    Chapter 7 filed - 10/12/2005 - Asset
    Discharged - 02/16/2006
    Case Closed - 11/08/2007

    A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain ~ Mark Twain

    All suggestions are based on personal experience and research and SHOULD NOT be construed as legal advice as I am NOT an attorney. Always consult with competent counsel in your area with regards to your particular situation.

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      #3
      and basically none of it works if you have a fixed rate loan and are not behind..Im looking at a divorce, having filed Chapter 7 recently. Tried to do a loan mod. with Countrywide, but since I am current, no help is available. "Hope for Homeowners" program is a joke, none of the lenders have ANY information. It was supposed to be implemented 12/01/2008, but still no information from Feds or funds to implement..Supposedly to qualify for HFH you can ONLY have a sub-prime loan and must be 5 months behind..

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        #4
        well that sucks. sorry to hear you going through a divorce! I haven't found any information about it and Litton Loan will not return calls, not answer anything!!!! They are making me extremely angry.

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