Questions answered by Gerard William O'Brien

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Should an account on my credit report have a 0 balance after receiving a 1099-C?

Gerard's answer | Answered on July 21, 2014

They should report it at $0.00 and paid outside of contract or sum such words, indicating that you were charged off and the taxing authority was...

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Can I still be held liable for a mortgage if my wife refinances in just her name.

Gerard's answer | Answered on July 21, 2014

She would have to acquire the property as her sole and separate property and you would normally have to sign off saying you have no rights against...

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I was told that my money paid to the school would be refunded 2-3 months. It's been 8-9 months and still being processed.

Gerard's answer | Answered on July 21, 2014

You probably first have to go through the administartive process for handling student loans, exhaust that and then you can go to court, the problem...

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What is an appropriate amount for trustees to withhold from distribution for future expenses?

Gerard's answer | Answered on July 21, 2014

The trustee may keep reasonable sums for foreseeable maintenance on the condo, they may keep funds if there are any disputed taxes, they may keep...

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If i have release levy and irs still took money what can i do

Gerard's answer | Answered on July 21, 2014

I would ask the bank to get back the money they wrongfully gave away, (that is if the Bank had notice.) You can file a claim for a refund. You...

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Sales Tax Owed to the Wisconsin Department of Revenue

Gerard's answer | Answered on July 21, 2014

Unless you can work out a deal for the department to accept less, they will keep after you rentlessly until they are paid in full or you die. If...

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Negotiating the debt after a judgment-we are desperate to avoid filing bankruptcy: he's only 21. Please help, any advise.

Gerard's answer | Answered on July 21, 2014

Hire a lawyer to settle the case for you. There is certain information that if it turns out the right way can get them to settle pretty darn quick....

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Can a creditor who received a "garnishment for other than wages" on a default judgement freeze a joint checking account?

Gerard's answer | Answered on July 21, 2014

You need an attorney to go down and investigate this freeze of the account. I did not know and I do not believe you can have a garnishment that is...

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Is it possible if the IRS shuts down a business for someone else to come in and take it over?

Gerard's answer | Answered on July 21, 2014

Call the service and express your interest, the IRS can't run the business and if it has value as a going concern you might be able to buy it. Go...

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Is the dealer responsible for damage caused by a check engine light not taken care of at time of purchase?

Gerard's answer | Answered on July 21, 2014

The damage was caused by the light going on so much as it was caused by poor maintenance and it sounds to me like there may have been an...

Gerard William O'Brien's Answers (2000)

Should an account on my credit report have a 0 balance after receiving a 1099-C?

Can I still be held liable for a mortgage if my wife refinances in just her name.

I was told that my money paid to the school would be refunded 2-3 months. It's been 8-9 months and still being processed.

What is an appropriate amount for trustees to withhold from distribution for future expenses?

If i have release levy and irs still took money what can i do

Sales Tax Owed to the Wisconsin Department of Revenue

Negotiating the debt after a judgment-we are desperate to avoid filing bankruptcy: he's only 21. Please help, any advise.

Can a creditor who received a "garnishment for other than wages" on a default judgement freeze a joint checking account?

Is it possible if the IRS shuts down a business for someone else to come in and take it over?

Is the dealer responsible for damage caused by a check engine light not taken care of at time of purchase?