BoA dragged their feet so long on selling my house, (short sale), that buyers backed out. Now house is in foreclosure. Can I sue

The lender is under no obligation to allow a short sale to go through and they have strict procedures. Since you had a BOA loan, it is likely that...

Home Sale Contract with only Mortgage Contingency, Appraisal came low, Buyer backing out. Deposit?

Since there is a financing contingency clause, I am assuming that this is not an all cash deal. As such, the lender will not lend the buyer money...

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I owe about 40k in Fed Taxes. What are my options?

Definitely use the "find an attorney" link in Avvo. Depending on your income, assets, and expenses, you may qualify for an offer-in-compromise...

Federal Tax liens

You should discuss this with a probate attorney since most state statutes include an ordering of creditors. Usually the IRS is near the top.

I filed bankruptcy Chapter 7 in 2011, BK included previously owed taxes I owed. The irs recently levied my Bank acct for taxes

As a general rule, taxes are not dischargeable in bankruptcy unless they were assessed 3 years prior to filing the bankruptcy. Taxes are usually...

After 5 years in a 50/50 business partnership, I discovered about 1 1/2 years ago that my partner has a drug and alcohol problem

You should have a partnership agreement in place to handle situation where another partner is not acting in the best interest of the partnership.

What is correct order of filing past fbars and info returns assuming there are no past tax liabilities for tax returns filed?

If this is who I think it is, I have already discussed these issues with you in detail via email and suggested that in order to properly advise...

Regarding gift tax, what type of documentation is advised when donor is giving a gift under the 14000 limit?

A jewelry appraisal will work in case it is ever an issue. You can also have a signed memorandum with the appraise stating the day and to whom and...

Need help with Offer in Compromise - how do I get a "withdrawal" of my lien?

The IRS will keep the lien on the property to secure their interest until the OIC is paid off. It is a condition of the OIC. It is very difficult...

My father died leaving a homestead property. Does the bank have to file a creditors claim to take back the house in foreclosure?

I have handled a ton of these negotiations before. This will need to go through short sale. The lenders will try and have you assume the mortgage...