Stipulated foreclosure with a waiver of deficiency
The answer is probably "no," but it would be a good idea to have an experienced foreclosure defense or bankruptcy attorney review the agreement...
Albany, NY
Bankruptcy and debt Lawyer at Albany, NY
Practice Areas: Bankruptcy & Debt, Foreclosure, Tax
The answer is probably "no," but it would be a good idea to have an experienced foreclosure defense or bankruptcy attorney review the agreement...
Please see my prior answer to a similar...
I'm very sorry to hear about your situation. The good news is that there is a solution to be had, and possibly without an attorney. First, you'll...
We would need substantially more information to accurately respond to your inquiry. Similar to prior years, you'd include the income derived from...
Consider contacting a military lawyer for assistance with this matter. Thank you for your service. Good luck with your case1
You can claim the deduction, but only if you are not already deducting the food as a business expense - otherwise, you'd effectively be deducting...
How did the property get foreclosed against if it is owned outright? I think there's a little more to this story than these facts suggest... More...
You will remain liable for your ongoing rental payment obligations until the house is either sold at auction or retaken by the bank. Consider...
You have not provided enough information upon which an answer can be provided. Consider consulting with a CPA or tax attorney regarding this...
You should either contact the IRS to make an inquiry regarding this matter, or hire a tax attorney to do so on your behalf - if you do not feel...