1099C for old cancelled mortgage debt
This is really a question that you need to ask a CPA but these 1099's are quite common in the field.
New York, NY
Debt collection Lawyer at New York, NY
Practice Areas: Debt Collection, Debt Settlement ... +3 more
This is really a question that you need to ask a CPA but these 1099's are quite common in the field.
It really depends on whether you were attending the school when it was shutdown. If so then you may be able to apply to have the loan discharged...
I would agree that if there is a pending trial then it sounds like the judgment has been vacated. You can certainly try to call opposing counsel...
There are many questions that need to be answered before you can even come up with an idea of what can be done with this situation. Are these loans...
It is difficult to understand your question but if the car was voluntarily given in for repossession then the bank will likely come after you for...
If you are being sued it makes sense to hire an attorney. You must properly submit an answer with affirmative defenses to preserve your rights....
Your friend can still pursue an action against you regardless of whether anything was signed. There are certainly some defenses but it depends on...
Unfortunately at this point the car will likely be sold at auction and then you will be held liable for the deficiency balance. It is important...
I agree with my colleague, it will likely cost you more in time and effort.
A voluntary repossession although sounding much lighter is basically the same as a regular repossession. It will affect your credit in the same way...