Archived
Received bill from IRS, claiming tax due for cancelled debt, never received 1099s for these, can we fight this
Matthew's answer
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Answered on August 15, 2013
That is too many questions for a single post. Bottom line, IRS has the 1099-C, it doesn't matter that you didn't get it.
Step 1, call the IRS...
Archived
I need to file bankruptcy on my student loans
Matthew's answer
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Answered on August 15, 2013
A bankruptcy discharge may be one options, but there are others. See my linked article below. Understand that a bankruptcy discharge is actually a...
Archived
I am about to file for bankruptcy and I need to purchase a new vehicle. Should I purchase it before or after bankruptcy?
Matthew's answer
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Answered on August 15, 2013
Depends on the circumstances. Most people going into chapter 7 don't have the credit prior to the bankruptcy to buy. Ironically, as soon as they...
Archived
What does it mean when a Chapter 7 bankruptcy has been discharged and then terminated?
Matthew's answer
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Answered on August 15, 2013
Just means the case is closed.
Archived
What does it mean when a Chapter 7 bankruptcy has been discharged and then terminated?
Matthew's answer
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Answered on August 15, 2013
Just means the case is closed.
Archived
Want to keep home, need to to Chap 13 to force Mediation w Bank & HOA. Did a Chap 7 2 yrs ago. How can we do a #13 to Mediate?
Matthew's answer
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Answered on August 15, 2013
The 4 years is only to receive a discharge. You CAN file the chapter 13 and propose to pay back the mortgage arrears in the chapter 13 plan. At the...
Archived
If I can not file bankruptcy on a student loan then can i file on the interest
Matthew's answer
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Answered on August 15, 2013
You asked: "Can I file [bankruptcy] on the interest?" Answer, NO
The only way to eliminate a student loan debt in bankruptcy is to file an...
Selected as the best answer
Archived
Being sued!
Matthew's answer
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Answered on August 15, 2013
If you have a legitimate dispute you need to respond to the lawsuit. That probably means filing an Answer and going through the litigation...
Archived
If i file bankruptcy what all debt does it NOT wipe clean? i have a USDA forecloseure with a deficit, which is a goverment first
Matthew's answer
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Answered on August 15, 2013
The full list of non-dischargeable debt can be found in bankruptcy code section 523.
The mere fact that a debt is owed to the government, is...
Archived
How to legally be removed as a cosigner on a student loan?
Matthew's answer
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Answered on August 15, 2013
Here is what I found on the SM website
"Cosigner release
1To qualify for cosigner release, the borrower must have successfully completed...
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