Foreclosure Prevention

Legal Information

Other Consumer Problems

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Buying a House

Buying a home on a contract can be a way for persons who are low-income or who have poor credit to become homeowners. However, there are certain risks to know about to avoid surprises after the contract is signed.

Facts About Foreclosure

The following "factsheet" can be useful to help homeowners understand their rights when facing the loss of their home.

I Lost My House and Now I Owe Taxes?

If sale of a home in a foreclosure action does not cover the amount owed to the lender, part of a loan may not have to be paid back. The IRS may consider the amount of debt "forgiven" as income and tax it.

The Servicemembers Civil Relief Act

The "SCRA" is a federal statute passed by Congress to allow military members to suspend or postpone some civil obligations so the military member can devote his or her full attention to military duties.

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