Archived
IRS is demanding 2,656.00 for income that was not on my w-2 from my former employer and therefore not included when my 2010 taxe
Steven's answer
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Answered on September 18, 2012
If you can prove you don't have the money currently to pay the IRS, you may be able to be classified as "Currently Not Collectible." That status...
Archived
Can bankruptcy wipe clean back child support with a chapter 7?
Steven's answer
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Answered on September 18, 2012
Domestic Support Obligations (Child support) is not dischargeable in bankruptcy.
I hope this helps.
Respectfully,
Steven A....
Archived
Who is responsible for the car payments in a ch 13 as I thought the trustee would be making the payments
Steven's answer
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Answered on September 17, 2012
Debtors propose a plan to pay their creditors - even car finance companies. A chapter 13 may elect to pay the car payments within the plan or, in...
Archived
My mother became unable to financially afford her home. We had a quick deed done transferring the mortgage to us but let her
Steven's answer
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Answered on September 17, 2012
If by "trouble" you mean there may be tax implications on this deal - the answer is YES. You purchased the home as an investment for one price and...
Archived
Did the IRS assess me beyond the statute of limitations?
Steven's answer
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Answered on September 17, 2012
Generally, the statute doesn't begin until the next year in April - not the quarter it came due. Ascertaining the dates of assessment can be a...
Archived
Why do I see most people asking, including the bank, to have income INCLUDED in evaluation for loan modification?
Steven's answer
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Answered on September 17, 2012
Generally, before a modification the bank wants to have a clear view of your financial situation. I have seen some mortgage companies refuse to...
Archived
Is this foreclosure case dismissed?
Steven's answer
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Answered on September 17, 2012
From the information provided, it appears the case was not dismissed because the plaintiffs showed "good cause in response to courts notice of...
Archived
Strategic mortgage default in New York
Steven's answer
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Answered on September 17, 2012
Planning is crucial. Find yourself an experienced local attorney and discuss your goals. Depending on specific circumstances, you can design a...
Archived
I am currently laid off and in a Ch13. (I have a deferment of my payments for 3 mos). But, want to start non-profit and need EIN
Steven's answer
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Answered on September 17, 2012
There is not a prohibition of starting a business while in Chapter 13 (501(C) or otherwise). However, you will have to continue making your...
Archived
I had to file chapter 7 four years ago. I surrendered home to the bank. Home has been sitting empty for 4 years.
Steven's answer
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Answered on September 17, 2012
Unfortunately, you can't make the mortgage company foreclose on your property - or take possession. Without know anything about the foreclosure...
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