Tag Archive: debt



Hypothecation: Under this mode of security, loans are provided against the security of movable property, usually inventory of goods. The goods hypothecated, however, continue to be in the possession of the owner of these goods (i. e. , the borrower).... [ view article ]

694 words | 2 pages

Forgiven Mortgage Debt should not be considered as an Income

Category: ,

Forgiven mortgage debt should not be considered as an income and people should not be taxed based on that because those who are in this situation already are in trouble and basically “underwater”. Taxation based on forgiven mortgage debt causes... [ view article ]

1995 words | 6 pages

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