Conversations with Attorney D.J. Rausa, a San Diego Bankruptcy Attorney
Posted in Bankruptcy on Mar 5th, 2010
The State of California has decided to add insult to injury to those who have lost their home through foreclosure or have sold it at a short sale. The tax break preventing the issuance of a 1099 cancellation of debt is no longer available starting tax year 2009. Previously, for tax year 2007 and 2008, [...]
Posted in Bankruptcy on Feb 24th, 2009
We’re all hopeful that President Obama’s plan to provide relief to homeowners facing foreclosure will help out hard-working families who are struggling to keep up with their bills. If Obama’s plan is successful, up to $75 billion will be used to restructure home loans for people who have fallen behind in their mortgages, or at [...]
Posted in Bankruptcy on Nov 10th, 2008
Circumstances that May Lead to Foreclosure Our clients who are facing foreclosure are frequently victims of unforeseen circumstances. They may have suffered a serious illness and been unable to work. The house may have required essential and expensive repairs. They may have been victimized by predatory lenders. They may have borrowed money against a home [...]
