My sister is trustee for my niece's trust.My sister just told my niece that she "cashed" her trust in and

You need to petition the court to remove the trustee, appoint you as the trustee, and charge your sister for any waste. You need a lawyer for this...

The trustee will not ask for the money in your wallet. The trustee can ask the "bill" creditor to turn over the funds as a violation of the stay...

Do I need to file bankruptcy again?

Tell the creditor you filed for Chapter 7 bankruptcy and if the creditor continues to harass you he is in violation of the Fair Debt Practices and...

At a court trustee chapter 7 bankrupcy hearing, do you have to give them money?

NO. The trustee wants to examine the bank statement. Usually cash is shown as exempt. Disclaimer of California Attorney. Laws differ form state...

Boyfriend and I want to start a corporation together but are both going through divorces.

This is a question for your divorce lawyer in FL. This is an answer that requires an expose. If both of you can show that the property used to...

The IRS sent a statement noting how much they took from Social Security, where does it go? All interest and penalties or a pot?

The IRS can apply it in a manner that is most favorable to the Treasury. It usually applies it to the oldest tax first. I don't recall the order...

What can i do now? and how much i must pay for 16,000.00 Dollars?

I agree with Mr. Oloko but be prepared to owe some taxes. You may have to see a tax professional.

Relative visited during summer (stayed 3 months in the country) & I paid for her hospitalization, can I claim on my taxes?

No. She is not your dependent. It is a gift. Disclaimer of California Attorney. Laws differ form state to state. Although the above response is...

I had a short sell on a house in mid-construction and the IRS wants to tax me for the loan forgiveness. Is this valid?

Yes it is valid but The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal...

I received a 1099 from a credit card company for a debt last year and filed it with my taxes do I still owe the debt?

A 1099-C can be issued when a debt is cancelled because of a decision or a defined policy of the creditor to discontinue collection activity and...