Real legal questions, answered by attorneys

Received 1099c for s-corp for debt that was discharged by personal bk. Does my bk exempt me from paying taxes on the income?

The 1099c allows the income to be excluded by filing form 982 with a bankruptcy or insolvency exception. Because I have an s-corp the income will go.

Gift from parents after bankruptcy

I am considering filing Chapter 7 brankruptcy. My grandmother has just passed and she has a considerable amount of money. I know that I am not named i

The timeshare loss mitigation says our debt will disappear with Dh Ch7 even though my name is on the deed.Does this sound right?

My husband is filing Bankruptcy. The only debt in both of our names is the special assessments for our timeshare so we did not add my name to the ban

Mobile Home Lot Rent after bankruptcy in Indiana

I have a mobile home that the reaffirmation papers were never signed on and have decvided to move after almost 2 years clear of bankruptcy. My questio

Can I sell my car after Chapter 7 discharged?

I have a car and I still make payment. After I file Ch-7 and get discharged I want to sell the car and pay off the loan. I may have some cash left ove

I filed Chapter 7 on May 27, 2011 but forgot to mention HSA account that I have through employer should I go back to court ASAP?

Does it void my case or I can just forward a copy of statement to a trustee (I haven’t mail anything to him yet). In the meantime, I was served with S

After filing a chapter 7 bancruptcy ---if I don't show up for the creditors meeting can I be arrested?

I have filed a chapter 7 bancruptcy but now I do not want to go through with it. Can I be arrested if I do not show up for the hearing. This is just

Do I need to disclose a zero balance paypal account when filing ch.7?

If I have a PayPal account with zero balance, do I need to disclose it to the trustee when filing ch.7 bankruptcy? This account previously had a balan

Can I include student loan payments as an expense in ch7 bankruptcy?

When filling out expense schedule J, can I include my student loan payments? I am not asking if I can have them discharged, just if I am allowed to li

After ch. 7 bankruptcy, what happens to HELOC?

Current with the 1st mortgage and considering ch.7 bankruptcy. Once discharged, what happens to HELOC? We understand LIEN will remain. Can the lender.

I did work as an independent contractor for a company that went bankrupt. They still owe me money. Do I have any recourse?

I did work as an editor and am owed money. The publisher has decided to shut down the magazine. Is there any way to get the money I'm owed?