Mortgage debt forgiveness preventing foreclosures
This is the whole premise behind what is known as short sales. The forgiveness of any debt on the mortgage prevents banks from foreclosing, saving everyone time and money.
http://money.cnn.com/2012/06/22/real_estate/mortgage-debt/index.htm
Let us know how we can assist you with executing a short sale.
-Daniel Barli, Esq.
http://www.barlilaw.com
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