What is deprec. recap. tax due on long term rental sale; adjusted cost basis of 250K, 180k depreciation taken, 750K sale price?

I am moving you to tax as this is not a bankruptcy matter

How much should a bankruptcy cost in Massachusetts? Can I do this alone or do I need a lawyer? If so how do I know they're legit

While agree with the other attorneys that one should always have counsel , in your case, I strongly advise it given the garnishment and child...

Do I need to file joint bankruptcy with my husband during the divorce or can he file alone?

You do not need to file and you have given some good reasons not to. As he will be filing, I suggest you go to the first appointment with the...

Personal Bankruptcy and Business debts?

If you have no personal liability, you do not have to list them. However, the overwhelming likelihood is you have personal liability. Check your...

Can I change a closed status to an active status on my credit reports?

This is because you did not reaffirm.To my knowledge, financial institutions will accept a payment history to help establish your credit worthiness

Some credit reports available on the internet show payment history. Get one.

Do I have to pay a wireless debt that is six years old from the state of New York if I now reside in Massachusetts?

In Massachusetts, the statute of limitations allows a debtor to obtain a dismissal of a lawsuit for a debt that is more than six years old. The...

People in your position contact the landlord and many times work out a deal to pay more per month in return for the right to terminate the lease...

Chapter 11 liquidation ?

You may wish to explore if you have a right to pursue owner/officer for unpaid wages under state law. In a liquidation, there is a much higher...

Defendant in our civil suit has a homestead declaration but was deemed to have committed fraud by bankruptcy court.

I have looked into the issue and did not find a way around the homestead. You should have your counsel go thorough the facts in your case and see...