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Who qualifies for the Mortgage Forgiveness Debt Relief Act of 2007 (H.R.‚3648)?

Debt relief
ROMEPOWER asked:


What homeowners qualifies for this Law?
What kind mortgages?
Year of foreclosure? 2007 and beyond?
1st and 2nd Mortgages?
How this relate to the Deficient Judment law in Arizona?

Barbara

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2 Responses to “Who qualifies for the Mortgage Forgiveness Debt Relief Act of 2007 (H.R.‚3648)?”

  1. trblmkr30 Says:

    No one yet. Don’t think it’s been passed. See the site below for the information.

  2. Terry S Says:

    First off it has NOT passed both the house and senate.

    Second, Arizona DOES NOT have a deficiency law in that state so you DO NOT have to pay back any deficiency you may create.

    Hope this helps.

    Terry S.

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