Tag Archives: Recourse Debt

California Continues to Tax Forgiven Recourse Debt

Originally posted at the Irvine Housing Blog. Today we look at one family in San Diego hoping for debt forgiveness that isn’t going to happen. Love is like oxygen You get too much you get too high Not enough and you’re gonna die … Continue reading

Posted in Best Of The Storm, Everything About Foreclosures, Home Economics, Short Sales | Tagged Foreclosures, Forgiven Debt, Recourse Debt, Recourse Loans, Short Sales, Taxes, Underwater Borrowers | 2 Comments