Received a 1099 without foreclosure dated May 2012. My name is still on as titled owner. Do I still own the house after a non-foreclosure foregiveness of debt from the mortgage company?
No one could know what you did. Usually, when debt is foregiven, you deed the property to the bank, and do not own it. Check with the county clerk and the property records.
Consumers can use this platform to pose legal questions to real lawyers and receive free insights.
Participating legal professionals get the opportunity to speak directly with people who may need their services, as well as enhance their standing in the Lawyers.com community.