Sentences with phrase «debt relief act as»

Not exact matches

Deployment — Deployed members of the military are protected from a pileup of interest and fees on existing debts through the Soldiers» and Sailors» Civil Relief Act (SSCRA, also known as the Service - Members» Civil Relief Act or SCRA).

Prior to this relief act being put in place the IRS would treat the forgiveness of a debt as taxable income.

So long as you've lived in that home for two out of the last five calendar years, you've satisfied one element of the Mortgage Forgiveness Debt Relief Act.

In addition, the Mortgage Forgiveness Debt Relief Act of 2007 allows taxpayers to exclude as taxable income, debt reduced through a mortgage restructuring progDebt Relief Act of 2007 allows taxpayers to exclude as taxable income, debt reduced through a mortgage restructuring progdebt reduced through a mortgage restructuring program.

As if distressed homeowners didn't have enough to worry about, with the pending foreclosure of their homes, they should also be mindful of the tax implications associated with the December 31, 2013 expiration of the Mortgage Forgiveness Debt Relief Act.

They are acting either as a creditor to manage their debt account, or as a lender to write a new loan, not as a debt relief agency.

This website can act as your blueprint to debt relief options and programs.

Professional Experience ABC Debt Relief (City, ST) 12/2006 — 11/2011 Client Service Manager • Responsible for overseeing daily operations of a 35 Account Manager call center ensuring effective operations • Recruit and train new sales and customer service employees in industry best practices and company policies • Strictly enforce compliance with all applicable laws, industry regulations, and corporate protocols • Provide exceptional customer service and professional guidance in the area of debt management, credit, and bankruptcy • Maintain detailed monthly reports for management concerning budgets, monthly projections, and quarterly goals • Responsible for performance appraisals, deficiency warnings, and conflict resolution for employees • Review and manage all BBB and Attorney General complaints determining appropriate next steps • Monitor department productivity with inbound and outbound calls providing feedback to team leads and supervisors • Author and lead presentations at meetings for clients, employees, and senior management • Train team leads and supervisors in laws governing credit reporting and debt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Relief (City, ST) 12/2006 — 11/2011 Client Service Manager • Responsible for overseeing daily operations of a 35 Account Manager call center ensuring effective operations • Recruit and train new sales and customer service employees in industry best practices and company policies • Strictly enforce compliance with all applicable laws, industry regulations, and corporate protocols • Provide exceptional customer service and professional guidance in the area of debt management, credit, and bankruptcy • Maintain detailed monthly reports for management concerning budgets, monthly projections, and quarterly goals • Responsible for performance appraisals, deficiency warnings, and conflict resolution for employees • Review and manage all BBB and Attorney General complaints determining appropriate next steps • Monitor department productivity with inbound and outbound calls providing feedback to team leads and supervisors • Author and lead presentations at meetings for clients, employees, and senior management • Train team leads and supervisors in laws governing credit reporting and debt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce cldebt management, credit, and bankruptcy • Maintain detailed monthly reports for management concerning budgets, monthly projections, and quarterly goals • Responsible for performance appraisals, deficiency warnings, and conflict resolution for employees • Review and manage all BBB and Attorney General complaints determining appropriate next steps • Monitor department productivity with inbound and outbound calls providing feedback to team leads and supervisors • Author and lead presentations at meetings for clients, employees, and senior management • Train team leads and supervisors in laws governing credit reporting and debt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce cldebt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Manager and negotiate with creditors to reduce client

Currently NAR is supporting the passage of S. 1394, the Mortgage Cancellation Tax Relief Act, which would repeal the law that requires home owners to pay taxes on forgiven debt for their principal residents as part of a short sale or foreclosure.

The Mortgage Debt Relief Act of 2007 will expire a few days from now unless a miracle happens — we've been concerned about the impact this federal income tax exemption disappearing will have upon Florida home owners, those with underwater mortgages, and the Florida economy as a whole for a while now — and, unfortunately, it's -LSB-...]

The Mortgage Debt Relief Act of 2007 will expire a few days from now unless a miracle happens — we've been concerned about the impact this federal income tax exemption disappearing will have upon Florida home owners, those with underwater mortgages, and the Florida economy as a whole for a while now — and, unfortunately, it's just now getting the attention it deserves from a lot of people.

In addition, with the Mortgage Forgiveness Debt Relief Act of 2007 not being extended from it's expiration in December 2013, many homeowners do not like the uncertainty or any possibility in having to pay taxes on the forgiven balance of their mortgage that wouldn't be covered when they sell their home as a Short Sale.

The Mortgage Forgiveness Debt Relief Act of 2007 creates a three - year window in which the IRS won't count as income any mortgage debt forgiven to a borrower by the lender in a loan modification, refinancing, short sale, or deed in lieu of foreclosDebt Relief Act of 2007 creates a three - year window in which the IRS won't count as income any mortgage debt forgiven to a borrower by the lender in a loan modification, refinancing, short sale, or deed in lieu of foreclosdebt forgiven to a borrower by the lender in a loan modification, refinancing, short sale, or deed in lieu of foreclosure.

If you are selling your primary residence as a short sale, The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of dDebt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debtdebt.