Archived
.if someone inherits real estate and lives there for 23 years,when they sell it are there any taxes to pay?
Stuart's answer
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Answered on April 13, 2013
This question should be placed under the Tax area. If you file a bankruptcy, the inherited property is an asset would have to be disclosed. ...
Archived
Chapter 7 Bankruptcy - I have been considering filing for Chapter 7 Bankruptcy, been unemployed for over a year.
Stuart's answer
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Answered on April 13, 2013
My colleagues offer good advice. Some banks freeze your account and prevent you from access to your money when they learn you filed BK. However,...
Archived
What is the process of filing a Chapter 7?
Stuart's answer
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Answered on April 13, 2013
I agree with my colleagues. If you have nothing, your creditors will get nothing. If you get a job and it pays more than minimum wage, you might...
Archived
Why would a debt collector block out an account number from a billing statement?
Stuart's answer
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Answered on April 12, 2013
I suspect that the debt collector is concerned about overdisclosure and possibly facing some kind of liability for not redacting records which can...
Archived
I filed bankruptcy without a lawyer. It turns out I filled my petition out incorrectly. Do I need to fix it?
Stuart's answer
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Answered on April 12, 2013
I agree with my fellow lawyers as to what to do to fix your Schedules. Bankruptcy can be a landmine for the inexperienced. I strongly suggest you...
Archived
Demand letter proof of debt
Stuart's answer
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Answered on April 11, 2013
If you have received a Summons in connection with a debt, you have 30 days to respond to the lawsuit (if you were personally served) irrespective...
Archived
Can I sue for slander?
Stuart's answer
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Answered on April 11, 2013
In any litigation, an issue is always: "What are the damages?" Ugly rumors will always exist and the law does not always have an affordable...
Archived
How do you send a demand for proof of debt in California
Stuart's answer
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Answered on April 11, 2013
If you were personally served, you have 30 days to respond to the lawsuit. Your request for Proof of Debt will not extend or enlarge the time to...
I Received 1099-C that indicates the debt is from a Bankruptcy ("Identifiable Event Code: A") , do I still need to file a 942 ?
Stuart's answer
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Answered on April 09, 2013
The answer to your questions is better directed to a tax preparer, CPA or accountant. Good luck.
Archived
Only two of my creditors issued 1099-C's (post bankruptcy) to the IRS and myself. How do I check if there are other 1099-C's?
Stuart's answer
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Answered on April 09, 2013
I agree with my fellow lawyers. However, your best resource for this question would be a competent tax preparer, CPA or accountant. Good luck.
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