Attorney General Doug Gansler Urges Congress to Extend Tax Relief for Distressed Homeowners

Baltimore, MD – November 20, 2012 – (RealEstateRama) — Attorney General Douglas F. Gansler, joined by 41 other state and territorial attorneys general, today urged Congress to extend tax relief for consumers who have mortgage debt canceled or forgiven because of financial hardship or the decline in their housing values. In a letter sent to the U.S. House and Senate leaders, the Attorney General pressed them to extend the tax relief, which has been in effect since 2007 and is scheduled to expire on December 31, 2012.