Is there a time frame a creditor has to issue a 1099-c after a foreclosure?
It depends. The IRS rules would control. However, what is important is whether or not your accountant says it would have an impact on your taxes....
Largo, FL
Foreclosure Lawyer at Largo, FL
Practice Areas: Foreclosure, Real Estate ... +3 more
It depends. The IRS rules would control. However, what is important is whether or not your accountant says it would have an impact on your taxes....
First, decide what lawyer you like and quickly because one typically must do an affidavit in opposition. There are plenty to choose from here and...
I don't know. This isn't really my area of expertise. I would suggest paying in order to keep your stuff. If there is an issue with notice or...
First, if you have a bankruptcy attorney, pay him or her extra to litigate it out inside the framework of the bankruptcy. If you are doing it on...
If there is equity in the property, you should intervene in the lawsuit if you are not a named party. I assume the deed was recorded, so you...
Yes, in all likelihood, it will show up on your credit report. You could ask them not to report it, but likely, they will not make an exception.
First, if the payoff letter is good, you should be able to rely on that. I don't believe they will sue you, likely an empty threat. If they do...
Yes they can, in part, because the statute of limitations has changed recently. Further, it would be up to you to raise statute of limitations as...
It depends on whether or not the other side fights the lawsuit. We have seen as little at $4k or almost $20k where someone fought such a suit. ...
Yes you need to do something. You need to hire a lawyer that does bkcy and foreclosure defense and figure out the most efficient way to keep this...