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CWMATT · 02-08-2009, 07:28 AM

I am fairly certain that I will get a 1099 for the charged off amount but won't have to worry about paying taxes on it since I qualify for the mortgage relief act. My credit score has done pretty well thru this whole process. According to the lender, I am in the mid-600s. Of course, before the bottom fell out my 2 of my 3 scores were in the 800s. Other than a car loan which I paid off, I didn't have any other debt to fall behind on.

Thanks for the luck, even though it seems like I am very close to being done I will take all I can get until I have a copy of the recorded release of lein in my hands.

02-08-2009, 07:28 AM	#22 (permalink)
CWMATT Member Join Date: Aug 2008 Posts: 27 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	re: CW Deed in Lieu SUCCESS!! I am fairly certain that I will get a 1099 for the charged off amount but won't have to worry about paying taxes on it since I qualify for the mortgage relief act. My credit score has done pretty well thru this whole process. According to the lender, I am in the mid-600s. Of course, before the bottom fell out my 2 of my 3 scores were in the 800s. Other than a car loan which I paid off, I didn't have any other debt to fall behind on. Thanks for the luck, even though it seems like I am very close to being done I will take all I can get until I have a copy of the recorded release of lein in my hands.