The Florida Bankruptcy Attorney Blog has posted an article that discusses what the Mortgage Debt Forgiveness Act means for you. This article is particularly geared toward Florida homeowners, but still contains a lot of valuable information for homeowners anywhere whose home is worth less than what they owe on it..

The Act states that a homeowner who has had their mortgage forgiven, partially or entirely, cannot be taxed on forgiven portion of the debt, provided its value is less than $1 million if you’re single, or $2 million if married. Without the Act, homeowners still would have been taxed by the IRS and would have been required to pay a percentage of the forgiven debt.

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We’ve had it drilled into our heads that the first thing we should do in any situation involving the law is to call a lawyer — and the truth is that the law is complex enough that having a lawyer in your court will certainly be useful. But it doesn’t mean that going to court is the best option at your disposal either. Any time that you go to court, it can be an incredibly expensive process. There may be some reward at the end of the tunnel, but it’s rare that the option of mediation won’t provide a faster and less expensive approach.

If you aren’t familiar with the concept of mediation (or sometimes called arbitration), it’s simply a method to resolve conflicts before they wind up in front of a judge. Both sides (o

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Who knows your community better than you? If you know where all the great places to visit and eat are at in your town and city, why not start your own tours for tourists?

That is exactly what Julia Segal is doing with her own business, Kingston By Fork. According to Frontenac EMC, she started a food tourism business with some help from The Entrepreneurship Centres Summer Company program.

Segal offers two tours: Homegrown Eats, which allows participants to experience the local food scene in Kingston and ends with lunch at Aqua Terra by Clark Restaubistro, and A Taste of the World, which focuses on the diverse tastes that can be found in the Limestone City.

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How Do I Fix False Credit Reporting After A Bankruptcy Discharge?

This is a problem that was very common several years ago and then it improved but now seems to be coming back with a vengance: companies who have their debts discharged are refusing to properly report those debts on consumers’ credit reports.

Just a bout of weakness or completely anaemic? In any case, the world economy has lost its dynamic momentum as it pulled out of winter 2011. The US economy began to slow down as of the first quarter, falling back to an annualized growth rate of barely 2%. Eurozone growth has held up better at an annualized rate of nearly 3.4%, thanks notably to Germany, which accounts for half of this figure. But economic surveys suggest that growth is stalling. They depict a rather sluggish spring and early summer that will spare few countries in the Eurozone. In June, the main US business confidence index provided by the Institute for Supply Management (ISM) could approach the threshold of 50, which marks the beginning of a contraction in industrial activity.

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June 30 – State-owned enterprises Genesis Energy Ltd. and Solid Energy Ltd. m

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When your preteen daughter asks you if she may go to the mall with her friends, there are two possible answers.

Possible answer #1: “Of course you may, honey! Have fun!”

Possible answer #2: “No way! I don’t want you to develop the bad habit of recreational shopping.”

Dilemma. I did let her go last time I was faced with this situation, and I ended up chaperoning too. At 11 years old, they’re a bit too young to go to the mall all by themselves, but the dilemma is still there. How do I ins

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