Historically foreclosure was a last resort for individuals that own homes. however, in some states people can voluntarily give up their home to their mortgage lender and escape from any further potential liability to continue to pay the mortgage. this in particular is common in situations where the home is worth significantly less than what is remaining on the mortgage. should this be allowed or should people still have to pay the difference between what their lender is able to get for the home if they foreclose on it and what was remaining on the mortgage?

Stephen barrett,md previous writing experience ?

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.

How many months does the federal budget usually take to prepare