Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000. “I was shocked,” said Prophete,...
Tag: foreclosure
How To Survive Foreclosure On Your Home
Foreclosure notice and keys on a court table. getty What are the tax consequences if you lose your house to foreclosure? After going into a recession, it’s good to be informed about the threat, and wh...
How To Claim Bad Debt Losses On Your Taxes
Money tree loses leaves getty Let’s say that, a few years ago, I individually made a sizable loan to a friend. Since there is no chance I will be repaid, can I report a tax deduction for the amount I ...
Scammers are out to get your mortgage money and even your home. Here’s how to fight them off.
We’ve all seen the email scams: “This is a genuie request.” “Your lendar has detected an unpaid sum.” “I’m a prince and I need your help.” Digital fraud has become highly sophisticated and, according ...