Archive for April, 2012
Preying on panic: Homeowners in fear of losing their homes are falling victim to foreclosure rescue scams
Foreclosure rescue and loan modification scams work like this: You answer an ad from a company promising to modify your delinquent loan and save your home, but only if you transfer over the deed to your house. Seems sketchy at best, so why are homeowners falling for it?
Read More »
Comments Off
How is Facebook changing the legal landscape?
It’s easy to invade someone’s personal space through social media accounts if you have password access and come away with information that would be hard to gather otherwise.
Read More »
Comments Off
Are you current with Florida’s new durable power of attorney law?
Florida’s new Durable Power of Attorney law became effective on October 1, 2011; however, any Durable Power of Attorney properly executed prior to October 1, 2011 will still be valid. That being said, Florida residents may want to consider updating this legal instrument, to take advantage of the additional protections provided by the new law.
Read More »
Comments Off
Do homeowners owe taxes on forgiven mortgage debt?
In answer to the mounting housing crisis, The Mortgage Debt Relief Act of 2007 allows taxpayers to exclude income from the discharge of debt on their principal residence through December 31, 2012. The program has been successful enough to lead many inside the industry to believe it will be extended through 2013, but lawmakers have not yet extended the Act past the end of this year.
Read More »
Comments Off
