Are you breaking a law if you pay your use tax late in California?

You will be required to: 1. Pay penalty for failure to pay in a timely manner. 2. Pay interest on balance that was due. You could get...

I filed bankruptcy in Aug 2011, now want to short sale or foreclose on property am I protected from paying taxes if I get a 1099

You may want to clarify the facts as related to what you plan on doing in BK with respect to the home. It sounds like the cancellation of debt...

I'm Going through a bit a financial hardship. Currently I'm the sole provider of a family of five I make around 50k a year.

It appears as though you would qualify for a Chapter 7 BK based upon your income level and your household size. This should allow you to: 1. ...

Should I go to court or settle

Settle the debt unless you have a valid reason to dispute the debt (meaning you don't owe it). They are attemtping to collect a debt and you may...

Bankruptcy ch.7 central district of CA. Q re: reconciling household size for means test vs dependents on budget section. Differ?

Generally, I advise clients that if the person is a dependent on their tax return they can claim them as part of their household size. However,...

Generally, if a defendant fails to respond to a complaint you can get a default judgment after 45 days. However, the court system is very slow...

How does an individual collect from a business after winning against them in small claims court and on appeal?

You should perform the following steps: 1. Request in writing that they pay you. 2. If they do not pay. Prepare forms to Request a Debtor...

I have a judgment filed for credit card debt, if I receive a check over $2000 or over $10000, will they take mine?

The creditor can attempt to collect the debt if they have a judgment and levy your bank account. This would allow them to take whatever funds are...

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What are the tax implications when a house with mortgage debts recently discharged from CH7 forecloses after 2012?

Cancelled debts are deemed to be "cancellation of debt income" to you. However, under the code debts cancelled in a bankruptcy proceeding are...

B8 on my car loan says I intend to Retain by "Other"-- Continue to make regular payment (not "Reaffirm"). Was loan reaffirmed?

You should have signed a reaffirmation agreement from the lender. The agreement would have been provided to your attorney and they would have...