Income tax form 1099-C Cancellation of debt, after debt is paid off why would it have to be filed on Income tax as income?

Please see my recent legal guide on this issue: http://www.avvo.com/legal-guides/ugc/the-1099-surprise There is also a lot of information on this...

The questions will all be financial in nature. Typical questions include "did you review the bankruptcy before signing it?" "have you listed all...

Each trustee is different in terms of what documents they want. They want to look at bank statements because they show income sources. Typically...

Cut power

It is illegal for a landlord to cut off utilities because a tenant is not paying as much rent as they would like them to. If the tenant is...

How does non reaffirmation of my Mortgage(s) which I am continuing to pay and was never in default, affect my credit report.

Your lender cannot foreclose if you are current on the payments. You cannot force them to report your payment history on your credit report, but...

Civil action after someone dies in a car wreck after texting me.

What happened to your friend is not your fault and you cannot be blamed for it. You may be subpoenaed for information in the case, and if you are,...

Wife is filing bankruptcy in Washington State. I live in another.

Get yourself a consultation with a reputable bankruptcy attorney in your area who can go over your entire financial situation with you and...

My daughters name is on the deed of our house if she claims bankruptcy for money she owes to creditors will it effect my house?

It may. Your daughter needs to consult with an expert bankruptcy attorney on this complicated issue. You should as well. You can find a list of...

I was serve papers to appear in court for unpaid money rendered for a hospital bill

You can contact the party suing you about settlement. You should also file a proper legal response to the lawsuit, asserting any available...

Banks are allowed to assign their mortgage interests to other entities. It should not affect you any more than if the loan stayed with your...