Who qualifies for the Mortgage Forgiveness Debt Relief Act of 2007 (H.R.‚3648).?

[ROMEPOWER]

What homeowners qualifies for this Law?
What kind mortgages?
Year of foreclosure? 2007 and beyond?
1st and 2nd Mortgages?
How this relate to the Deficient Judment law in Arizona?

[trblmkr30]

No one yet. Don't think it's been passed. See the site below for the information.

[Terry S]

First off it has NOT passed both the house and senate.

Second, Arizona DOES NOT have a deficiency law in that state so you DO NOT have to pay back any deficiency you may create.

Hope this helps.

Terry S.

http://www.Welcome2Arizona.com