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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] mort. debt reliet act and deficency Judgements Posted by Mark Ackrich on April 24, 2008 at 10:41 AM Aloha from Maui Ward I am a real estate broker in Hawaii and have a client wanting to sell their condo by way of a short sale Their lender told them that if there was a deficency they would be responsible for the short fall I understand that the mortgage debt relief act would allow them to avoid taxation on the deficency but what about their issues with the lender Confused on Maui again? Follow Ups: The possible versus the probable... Ward-CA- 5:16 PM, 04/24/08 (3) Re: The possible versus the probable... Mike 6:22 AM, 04/25/08 (2) So, sequester your assets to avoid follow-up scavengers... Ward-CA- 8:21 AM, 04/25/08 (1) Re: So, sequester your assets to avoid follow-up scavengers... Mike 8:42 AM, 04/25/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Aloha from Maui Ward : I am a real estate broker in Hawaii and have a client wanting to sell : their condo by way of a short sale : Their lender told them that if there was a deficency they would : be responsible for the short fall : I understand that the mortgage debt relief act would allow them : to avoid taxation on the deficency but what about their issues with the lender : Confused on Maui again? [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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