I received 1099a for rental properties that were included in my Chapter 7. My cpa is telling me I will have to pay taxes

Capital Gains taxes are applied when you sell something for more than what you had invested. Assuming the 1099 was for Cancellation Of Debt, and...

What date will determine the discharge date in bankruptcy of federal taxes?

The other responses are all correct but appear not to have answered your specific question. If the tax return identifying the '07 taxes you wish...

What's the latest in CA if you default on a mortgage. Current rate 6.75%. Indymac won't refi. Hamp denied.

"The latest in CA if you default on a mortgage" is that there is no default against you if the mortgage lender forecloses. If the Mortgage...

I just found out about a judgement 5year old against me in the amount of $1200.

If you have at least another $9,000 in debt, you could consider a Chapter 7 bankruptcy to discharge the $1,200 along with all your other...

Is low cost/free bankruptcy filing available for someone living on social security disability?

It is true that you probably have a cause of action against these people for violation of Debt Collection Practice laws; but who wants to hire an...

Selected as the best answer

If i file for ch. 7 BK without filing my 2010/2011 taxes, how will the trustee react and how will it affect the discharge order?

Before answering this question again, could you tell me why you did not file for '10 & '11? Did you have very little income? Were you self-employed?

Can I file a Chapter 7 Bankruptcy before filing my 2010 and 2011 Tax Returns?

Whether you file or don't file will not affect your ability to discharge your dischargeable debts. The Bankruptcy Code requires that you provide...

Bankruptcy attorney in San Diego

They will be receiving their judgment soon; but not to worry ... the debt will still be discharged in your BK. Of course, you don't want to wait...

Received a date for the sale of my house. Want to stop it.

Since you say you completed your Ch13 Plan, then it must be more than two years since it was filed, in which case you can file another Ch13 ......

Bankruptcy need advise.

All good answers ... but I'm the 'local' attorney they've recommended. Lifeline Legal in Kearny Mesa.