Articles Comments

Debt Relief – Insolvency – Bankruptcy Information » Insolvency » 1099 c and insolvency question?

1099 c and insolvency question?

i settled some credit cards in 2008. I understand ill be getting some 1099c’s in the mail that need to be reported. My mortage, equity and credit card balances deemed me insolvent at the time.
If i take my info to hr block or jackson hewit, is it going to be a problem that my mortgage and equity loans are in different names?

My original mortgage is in my maiden name. my equity is in my first married name, along with my bank statements and credit card statements.
I got married at the end of 2007, so my name is different now.

what all do i need to take to prove insolvency and will they be able to file electronically?

RELATED POSTS:

  1. tax insolvency without bankruptcy for cancelled debt? settled some credit cards in 2008. I understand ill be getting some 1099c’s in the mail that need to be...

  2. Debt Settlement, 1099 for Credit Co, and Insolvency? For Credit Card debt settlement, what happens if one spouse is insolvent, but the other isnt? I am trying to...

  3. I have foreclosed on a house. Will be getting a 1099-c. Is is better to prove insolvency or do bankruptcy? I am also divorced at the time of the foreclosure. Will I also be responsible for the full amount of...

  4. 1099 Mortgage Forgiveness Tax Liability Insolvency www.DebtWorkoutCoach.org Can mortgage forgiveness result in a 1099 and if so, can you escape tax liability for mortgage forgiveness...

  5. has anyone experience or knowledge of the insolvency service for 2nd properties? Due to the closure of our business (long story) & in trying to save things – we did alot of...

Written by

Filed under: Insolvency · Tags: , ,

One Response to "1099 c and insolvency question?"

  1. v b says:
    Double post, answered on other board.

Leave a Reply

Connect with Facebook

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Not finding what you're looking for?
Do a custom search of our entire site:

Get Adobe Flash player