If the ownership is gifted then there's a gift tax implication. If it's transferred by inheritance then there will be other issues. You have...

What IRC chapter and section of the law requires private sector employee tp pay federal income tax

You may want to review the IRS most recent response to such arguments - it's dated Feb 16, 2012. Good...

On a short-sale, if trustee removed 2nd home from Chap 7 BR and an unexpected incentive check was given, is it the trustee's?

You'll want to consult with your attorney on this one. Trustees are routinely taking short sale incentives as Ms. Bunce points out so proceed with...

Taxes. can a regular W2 employee deduct the amounts taken from paycheck for medical insurance?

If the amounts are also excluded from your taxable income then no. However, if they show as part of the taxable income then you should be able...

What will renew Statue of limitations for an expired SOL credit card debt in the state of arizona

Sounds like you're wanting to settle/resolve the issue and that's more than just a function of the statute of limitations. Touch base with local...

10 days to answer credit card lawsuit. What do I answer...discovery ?'s I do not recognize the acct # they are using either.

You have several options. If you're being sued and don't recognize the charges, hire counsel and respond. If you recognize the debt and don't want...

Can a creditor take my assets to cover my boyfriends debt? Can I be brought in as a 3rd party for exam?

If the only relationship between you and him is as boyfriend/girlfriend then no, his creditors cannot touch your assets. However, if you're listed...

I owe $65 K in Defficiency balance from the short sell can I qualify for Chater 7? I make 90K

Can't tell from this information whether or not you qualify but chances seem slim. Might make more sense to review all your options with counsel,...

Investment property in oakland, mortgage 235k, value 135k , what to do? foreclosure/short sale/keep it?

The simple answer is likely to be a short sale because you'll have the most flexibility and the total debt can be avoided. However, understand that...

Am I responsible for my wife's credit card debt, if she's the main acct. holder and she put me on the acct. as a authorised user

The simple answer is Yes. However, your situation may not be simple. Sit down with an attorney to get an opinion specific to your...