How can I resolve a debt I know nothing about?

Dispute the debt with the credit reporting agencies if it's been reported on your credit reports. If you received a letter from the collection...

I sold stock options do I need to answer yes to claim question 6 did you work or earn any money?

As I understand the matter, I believe the answer is that you can answer "no" to that question because you earned the value those options represent...

You will owe income tax on the gains, if any, that you recognized when you sold your interest in the house. The triggering event is the sale, not...

The credit card companies could most likely start probate proceedings as they are most likely considered persons with an interest in your late...

My father just passed-do we have to pay off the mortgage.

Assuming your late father was the borrower under the mortgage loan, that loan is also a debt of his estate and must be paid from the estate's...

My sister has power of attorney does she have the right to drain our mothers account and spend her money as she pleases?

The short answer is no. A person with power of attorney is required to act in the best interests of the person who gave them the power of...

Yes. Under federal tax law, at the date of death the heirs get a step-up (or down) in basis to the property's then fair market value. In order to...

Is there any reason not to consider opening a joint checking account with my (new) wife?

It probably makes more sense to open a new joint checking account to be used to pay for joint and household expenses such as rent or mortgage. ...

You should have a good argument that the automatic stay applies to a holdover proceeding in the circumstances you describe. As I understand the...

Selected as the best answer

Can they take control over the corporation?

If this person is the sole shareholder of the corporation, then the trustee could almost certainly exercise the rights of a shareholder to make the...