Time is Running Out: How the Mortgage Debt Relief Act can save you!
In 2007, the Mortgage Debt Relief Act was passed in an attempt to help the millions of homeowners who, due to the housing crisis and economic crash, suddenly found themselves in danger of losing their home to foreclosure.
The act has helped many distressed homeownersfind solutions to avoid foreclosure and opened up options to them that werepreviously unavailable.
However, the Mortgage Debt Relief Act wasalways intended to be a temporary solution and it is now set to expire at theend of 2012. For distressed homeowners, this means that time is limited for youto take advantage of this program.
Time is running out. But there is still achance to change your financial direction and avoid foreclosure.