Posts Tagged ‘lien subordination’

IRS Plan To Help Taxpayers Refinance Their Homes Offers Little Relief For Distressed Homeowners

Tuesday, December 23rd, 2008

The IRS recently announced a plan that will “try” to make it easier for homeowners in financial straits to refinance or sell their homes. The program supposedly focuses on people who ordinarily pay their taxes in full but “because of these extraordinary times are getting behind on their tax payments.”
IRS Commissioner Doug Shulman said that plan would speed up a process where financially distressed homeowners may request that a federal
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