IRS CNC

Generally, Currently Not Collectible status prevents the IRS from trying to collect. Tax Payers who owe for 941 taxes generally are under more...

Can I request a Motion to Stay in a mortgage foreclosure case if I was a buyer in an HOA foreclosure case?

Generally, you can ask a Judge to do anything - whether the Judge does what you ask is a different matter. This sounds complicated, you should...

I am having my 3rd "visit" to the court for forclosure.

You don't provide enough information to determine where you are in the process. When you mention 3 visits, that doesn't really help, because it...

Thinking of filing Chapter 13 to save house. I'm 6 months behind I don't think a Chapter 7 will save home.

Generally, Chapter 13 is used to save an asset when you are behind in your payments. Under Chapter 13, you must begin making your regular monthly...

Having income greater than the mean (the average income for a family your size) creates a presumption of abuse. If there is abuse of the...

It often makes sense to make a purchase before filing, as it may be more difficult after you file. When it comes to secured debt in a Chapter 7,...

Does a condo owner have to pay condo fees due after date of bankruptcy filing?

It is true that post-petition HOA fees are not dischargeable. The association may have a secured interest in the property, preventing a Debtor...

Can you convert a Chapter 13 to a Chapter 7 Bankruptcy? Can trustee payments be greatly reduced if income is affected?

The fast answer is YES, you can convert your Chapter 13 case to Chapter 7. Whether that is a good idea depends on your specific circumstances,...

Need know how to do a written defense in foreclosure care for me and my wife in madison co. in richmond ky

First, you should never provide personal information on this forum. Never, never, never. Next, I am not sure what you mean by written defense. ...

I was gifted a property, if I sold this property what would the tax % be on the sale price? It is considered as income correct?

You can sell the property. Generally, all income you receive is taxable. If you sell an asset, the profit of the sale is income. To determine...