After filing chapter 7 I received 1099C from some of the credit card companies, are the discharged debts taxable income?
No. There's an exemption for this. Talk to your tax man.
Wrightwood, CA
Bankruptcy and debt Lawyer at Wrightwood, CA
Practice Areas: Bankruptcy & Debt, Commercial, Estate Planning
No. There's an exemption for this. Talk to your tax man.
Yes, you may close it. WF has an aggressive policy of freezing access to checking and savings accounts when the account holder files BK. To be...
Clarification is needed. Are you referring to a Chapter 7 filing fee instalment? Are you referring to a Chapter 13 Plan payment?
I concur with my colleagues who have explained that you are a creditor. Your judgment may be discharged in the BK unless you have grounds to have...
Welcome to the legal concept of joint/several liability. The non-BK judgment debtor is now 100% responsible for the judgment. That person can...
More information is needed to give you useful advice. Why are you not asking your existing BK lawyer about this? He/she knows the details/history...
Most likely you would not be sued given the facts you provide. Be sure you don't pay with your personal checks since that will allow the creditor...
If the creditor's claim in BK is secured by the jewelry purchased, the obligation to pay the debt is discharged, but the creditor's security...
This is the 3rd post asking the same question which has been previously answered.
I concur with the response from my colleague including his comment that you need a lawyer ASAP. The HoA dues before and after the BK are treated...