Cancellation bebt for a time share owned by 4 people in the amount of $12k can the IRS submit a 1099 for 12K for each individual

You should work with your CPA or other tax preparer. If your understanding is correct, the 1099 should be referring to the same $12,000, but that...

Language interpreter for Cook County court.

I agree that this should be reviewed. I am not as sure for Chicago hearings, but interpretation is handled by telephone for Meetings of Creditors...

Do I need a Probate Lawyer?

You have been given several good answers earlier. I would add, however, that you may have placed yourself at risk by handling this informally...

If theres a will, will the property and assets go through probate for example house,stocks,bank accounts.and etc.

You are receiving good advice in the earlier answers. When you ask what will happen, however, I assume the main question is who will receive those...

My fiancée filed a ch 13 in 6 / 12 he now wants to convert it to a ch 7 but his lawyer says he has to wait a year . Why ?

I agree that at this point your fiance should arrange an appointment to have things better explained. If there remains a concern afterward, then a...

Is death benefit pension included for chapter 7 income purposes?

My immediate reaction is that it counts for means test purposes. The funds may be exempt as assets, but not exempt from the means test. Are the...

I am inheriting 1/3 of a house that we plan to buy. This property has a $32,000 mortgage left. How is this figured in the cost

This is something that we attorneys working in the Chicagoland area can help you work through. You should not be closing without a real estate...

Is there a reason to believe that there is/was an estate? If so, you may want to pose the question again with better details using the city in...

While there are valid points in all the answers you have received, the first question should be whether there is really an issue. If you are...

Bankruptcy Disposal Income Calculation : Illinois

Honestly, the income calculation is much more complex than you are making it in the form of your question. Also, there are many different factors...