Short Sale of my home. Is there any tax exposure?
I do not practice in California - I do know that California is a non-recourse state. Meaning mortgage companies may not take action against...
Bannockburn, IL
Tax Lawyer at Bannockburn, IL
Practice Areas: Tax, Foreclosure ... +2 more
I do not practice in California - I do know that California is a non-recourse state. Meaning mortgage companies may not take action against...
The short answer is - it might. More facts are necessary to determine if the bookkeeper would be considered a "responsible party." You should...
Yes. The consent foreclosure has zero impact on your second mortgage company from collecting on the promissory note. The consent foreclosure...
All you say here about discharge is true. However, I wouldn't wait for the discharge - as your objection does not fall into a clearly...
Sound like the bank is beginning the foreclosure process. HOA fees after the petition date are NOT discharged - so, it would be in your best...
Whenever you have ANY assets you want to protect you need to get yourself an experienced attorney. The attorney can investigate these questions...
The banks have a procedure for approving short sales. They follow that procedure - even if it may not make sense. Yes, the debt has been...
Mortgage companies don't want to leave anyone who may have an interest in the property out. Excluding an interested party may void the entire...
Is the wage garnishment ongoing? There are remedies for this kind of situation. First, you must be in compliance with IRS requirements (file all...
You hired a tax preparation service - and agreed to a price. The service performed - not perfectly, but the task was accomplished. I am surprised...