Generally speaking, Corporations seek for relief under the Bankruptcy Code's restructuring provisions for businesses; Chapter 11.

If your rent is $750 that leaves $300 for debt relief.

Ben the number one reason a seller will do a lease option is for debt relief.

My immediate thought was "Uh, no, they cannot live in the property once the house is short saled", after all, they were just given debt relief on the mortgage, although the bank would get paid, and the title would transfer to my father, who could do whatever he wanted with the property.

The higher pressure can cause the T&P relief on the hot water heater to trip more than necessary.

The beauty of real estate is even if you overbuy, the market will correct your error and reward you down the line.Again, Brian's advice and I will add, no money down, exercise the option now/take the property subject to, and give them relief.

this was part of the Military Family Tax relief Act of 2003 .Taxpayers may exclude gain on a home sale, provided they have owned and used the home as a principal residence for two of the five years before the sale.

But at the same time it would be a huge mental relief to pay off the debt and start fresh without any monthly obligation to worry about.

your better trying to go for doc relief type of programs.

This HR bill was sent over to the Senate twice with this provision and I am so glad the CPA's at my latest Real Estate Investor Club meeting were wrong.Believe me I am overjoyed and can look forward to continued rental of my 1031 exchange with relief.