Just because you’re experiencing a Vero Beach home foreclosure, it is not necessarily reason for you to also file bankruptcy. The government has extended the rule that excludes you from paying income tax on money owed to a mortgage lender, but only for one more year – through 2014.
Check out our other articles and tips pertaining to a Vero Beach home foreclosure and other mortgage related articles by clicking on the Vero Beach Mortgage Info link to your right under Vero Beach Real Estate Categories.