Where on a buisness federal tax return would I be able to find the net income?

The net income will generally be on the first page of the tax return towards the bottom. It will generally be labeled "profit/(loss)" or something...

Problems w/ pymts on 2nd mtg will they foreclose? our 1st mtg is over 100K. the 2nd mtg 25K. Value of home est $145K?

Based on the figures you've provided, there's equity in the home after the 1st mortgage is paid so there's a reasonable chance that the 2nd will...

When do I file the exemption forms for debt collection?

Anything that can be substantiated will be considered by the court and there will be a time and place for introducing exemptions, etc. but you need...

The CA FTB is increasing it's push to collect revenues. If the taxes are owed, they'll pursue collecting them. And the fact that your wages are in...

I filed bankruptcy on myself and two separate business' (corps). Another business (corp) and it's failing. Can I file on it?

Agree with my colleagues here. If the business doesn't have assets and is failing then bankruptcy doesn't serve any purpose. Make sure you assess...

Loan Modification - BOA service and HSBC Investor Every time it is denied for "Investor is not approving", Can this be done?

Unfortunately, Yes, the bank is not required to modify the mortgage. Be persistent. Evan A. Nielsen 1255 W. Colton Ave., #506 | Redlands, CA...

What are the laws surrounding loan modifications?

Uprfront fees for loan modifications are generally unlawful in CA. If you're being charged them then something's probably wrong. Good...

If CRA deems legit disputes "frivolous" how are mounting assessed?

Damages are based on lost profits, lost opportunities and certain statutory damages. Fair Credit Reporting Act and CA statutes are your starting...

Underwater Investment Property: Loan modification worth pursuing with BofA?

Unless you qualify for the Department of Justice modification that includes a principal reduction, it makes little sense to modify the property....

I discharged off CH 13 and forfeited house and car, creditors did not object. I am recieving garnishment with interest. can theY

Best avenue would be to contact your attorney for clarification. Likely the garnishment is improper but he or she can confirm. Good...