My home was forclosed they did not forgive my debt how do i get it forgiven
I asked my friend Mike Killian to answer your question for you. I wanted to make sure you got an answer as quickly as possible as I’m a bit backed up at the moment. I’ll be watching the comments on this question and be around to help if you need me.
Anyone facing foreclosure has a good chance of owing the lender money after the foreclosure is complete. The laws vary from state to state so you will want to speak to a real estate or bankruptcy attorney about your rights. Some lenders will issue a 1099 income statement to borrowers deficient in paying off their present balance.
It is difficult to know your situation or your state statues but my highest recommendation is to contact a bankruptcy attorney as soon as possible as this may be your only recourse.