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Mortgage Forgiveness Debt Relief Act Expired at the End of 2013.

Posted by AcclaimLegalService

If you owe a debt to someone and that party forgives or cancels the debt, that canceled amount of debt may be taxable.  As a part of the Mortgage Debt Relief Act of 2007, homeowners were able to exclude from income debt that was reduced on their principal residence.  This included:

  • Short sales;
  • Mortgage restructuring, such as a loan modification;
  • Foreclosure,…

Read more | Jan 08, 2014

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I would like to take the opportunity to Thank Acclaim for the way that they handled my Chapter 13. A very special Thank you goes out to Cindy, she handled everything in a very timely matter always answer my questions so that I understood.

She is one of…
Pat

(Canton, MI)

I have worked primarily with Cindy.  She has been terrific.  She answered any concern I had promptly and courteously.  It made a difficult situation easier to deal with. 
Patrick

(Southfield, MI)

What a Wonderful Experience!

I just wanted to take a minute to let you know how very satisfied I am with the way my case was handled. From the very first phone call to the discharge “congratulations” email I received from Cindy Millns. I was scared to death to go…
John

(Sterling Heights, MI)

I would love to let you know about my experience with Kevin,Chris and Cindy.  They gave my husband and I are life back.  We have a list of life major hurdles.  I can say without a doubt they were the only ones we could count on with truth and facts and promptness.…
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(West Bloomfield, MI)