Does anyone have a copy of the notification that was submitted on this new ruling. I am working on a BK sale and the courts are looking for it. We have news articles etc...but not the original.Any…Continue
If you receive an approval letter stating the following -- will you still be 1099'd as income on the it:
Upon receipt of the agreed amount, BAC Loan Servicing and/or its investors will waive the remaining balance due on the above referenced loan and release the borrower from further obligagion therein, and waive all rights to pursue further judgment or deficiency.