Foreclosure and sale of house 2012. What attorney do we need to find out about repayment of loan or steps we need to take?

Asked 8 months ago - Huber Heights, OH

My DIL received a 1099A for her taxes, she doesn't have any other information about her case. We don't know if she will have to repay the rest of the debt or how we can find out. They just got married last October so this was news to my son. They don't have much money so we are trying to help them as much as we can before trying to hire someone. Thanks.

Attorney answers (2)

  1. Michael J. Caticchio

    Contributor Level 14

    Answered . Need to talk to an Accountant that knows

    I believe Obama regulation may waive any tax due

    This is separate and apart on how much may be due on the loan

    Accountant should be able to help or refer you to the proper attorney

  2. Brett D Weiss


    Contributor Level 18

    Answered . Having them speak with a bankruptcy attorney is a good idea. An account may need to get involved to file an IRS Form 982.

    The legal analysis of any situation depends on a variety of factors which cannot be properly represented or... more

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