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Archives for September 2013

Foreclosure Tax Law 2013: Residential California Home Owner Liability

Consumer Protection Laws & Borrower Tax Liabilities In last week’s post – “California Foreclosure Real Estate Law: Is There a Right Time to Walk Away?” – we examined the circumstances in which a defaulting borrower may be sued by a lender for a deficiency judgment in a residential foreclosure. Another pressing financial issue facing borrowers […]

California Foreclosure Real Estate Law: Is There a Right Time To Walk Away?

Time to Walk Away or Stay and Fight the Good Fight You’ve been a proud California home owner for years. But, you recently lost your job and are finding it difficult to keep up with your mortgage payments. Worse yet, your house is “under water.” No, that doesn’t mean it’s located in a flood zone. […]