What is 1099 c form? Will it affect me on my debt settlement agreement? Am I entitled to have this debt remove from my credit?

As Attorney Bunce stated, a 1099 c is a tax form called a 1099 cancellation of debt that can be a taxable event. The $8000 that is forgiven will...

I am divorced have some debt with my ex husband can we file bankruptcy together if we have our own debt since divorce?

If your divorce is final you cannot file a joint bankruptcy petition. If your divorce has been filed but not granted yet you could file a joint...

What steps do I need to take in paying back a hospital bill I'm being sued over?

If you have other debts or judgments as well you should consider a free consultation with an experienced bankruptcy attorney. If this medical debt...

My student loan defaulted from Navient to Pioneer Credit Recovery. Who do I contact to get help?

You could contact Navient to confirm that your account is now in collections with Pioneer Credit Recovery and then make payment arrangements with...

If your son files for bankruptcy and reaffirms on the car loan, as long as he continues to make timely payments to the creditor you will not be...

Can I get rid of a vehicle that was reaffirmed in bankruptcy before the case is fully closed?

Pursuant to section 524 of the US bankruptcy code a reaffirmation agreement must be rescinded prior to the entry of the discharge or within 60 days...

What is the consequences of writing a bad check to a credit card company?

If the creditor reports the bad check to the bogus check division of the District Attorney's office and they pursue it, then you could be required...

Elder Law co-signing on loan

The cosigner of a student loan would only be held liable for the debt if the principle signer of the loan defaults. If the principle...

I need to declare bankruptcy, Chapter 7, to discharge all debts, as I can't pay & have no income. A lawsuit from a creditor has

As Mr. Wittner stated, you may not really need to file for bankruptcy at this time if you have zero income and no assets. Your creditors may be...

Mr. Wandres is correct. A spouse can be held liable for medical debts incurred by the other spouse. You should try to negotiate a reasonable...