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Walk-Away-Upsidedownanalysis |
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Our Upside Down Analysis
Find Out if you should just walk away.
Use the full powers of California's anti-deficiency protections.
1, Recourse- Non recourse analysis
2. Full statement of California Anti deficiency laws how how you can leverage them.
3. State and Federal Tax law Analysis by an experienced Attorney - Few CPA or Attorneys have taken the time to really understand the complexities and implication of recourse vs non recourse loan law. Remember the Mortgage Debt Forgiveness Act does not apply to the Franchise Tax board. And homeowners of a principle residence can not just write the loss of against the gain. A 1099 is income and that income is not all a long term capital gain. (IRS and CA franchise Tax Board)
4. First loan deficiency Analysis
5. Second loan deficiency Analyis
6. Cease and Desist Letters from our Law firm sent in to your lenders.
7. Consultation with one of our attorneys (you can request a specific attorney)
8. Foreclosure timeline.
9. Discussion of the credit effects and how you may wish to minimize the damage.
10. A letter disputing the debt (your use is optional).
and much more.
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Last Updated ( Sunday, 25 October 2009 )
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