I received 2 1099-C’s for debt settlements (personal loan & credit card) total of approx. $16,000. It looks like filing a Form 982 for insolvency would give me about $2,500 more in refund. How complicated is it to file for insolvency? Do I need an attorney? Is it more involved than just filing the Form?
Continue reading *will Give 10 Points!!!* Tax Question Please Help!?
Example: Previous value of house $300K and currently paying in mortgage, current value $200K and applied for loan modification, after 2-4 years from now $400K. Will the $200K additional value be considered as equity or AUTOMATICALLY be added in the owners debt/mortgage?
I am the main borrower on an auto loan and I have a co-signer. The co-signer is filing chapter 13 bankruptcy very soon but the auto loan is not going to be included in the bankruptcy.
In any way, will this affect my credit or keeping my car since they are a co-signer and filing bankruptcy?
My home is in foreclosure and sale date has been set for July 1st. After the sale is complete, how long do I have before I will have to vacate the home? I am in Broward county, Florida (Ft Lauderdale).
Thanks!
My husband and I bought a timeshare…long story short, it turned into disputes about what we were told we were getting and what we got, and unless we had enough money to take
Continue reading How Bad Will Debt Settlement Affect My Credit Score And For How Long?
i am interested in a short sale property, the lender has already approved the short sale, if my offer is less than the approved amount is there a chance that the lender accepts it? thanx
My house is in the foreclosure process,but it hasn’t been foreclosed on yet. Will the IRS take my refund to pay the bank the deliquent amount owed on my house?
I just lost my home to a foreclosure. Does anyone know if I rent for a couple of years and pay well, is it possible to buy again even from an owner finance? I am located in San Antonio, Texas.
I am about to be fired from my low level rear echelon federal bureaucratic job with Immigration Customs and Enforcement. My single wide has lost value since Obama has taken office and I am now in a short sale situation. Can I get a free house from him like he gave that old lady
Continue reading Will Obama Bail Me Out? I Am In A Short Sale Situation On My Single Wide In Yuma Az?
My husband bought an older mobile home with land close to 10 yrs ago. The mortgage is on a balloon note and 11% interest. He bought with the intentions of building a house but he can not refinance because of the mobile home. I called our mortgage company and they agreed to do a short
Continue reading Will A Short Sale Hurt My Credit?