Understanding Debt Responsibility After Death There was a recent news article about a Seattle man who, after a long struggle with illness, received a medical bill totaling $1.1 million. While he is negotiating with his insurance company, the situation raises an important question: What happens when someone has overwhelming debt (medical or otherwise) and they […]
Understanding 1099-A and 1099-C Forms Post-Bankruptcy If you’ve filed for Chapter 7 or Chapter 13 bankruptcy and received a 1099 form afterward, you may be confused or worried about the tax implications. Receiving a 1099-A or 1099-C after bankruptcy is common, and understanding why you received it can help you take the proper steps to
Why Am I Getting A 1099 After Filing For Bankruptcy? Read Post »
Kansas Seniors At Risk Of Facing Foreclosure As Defaults on Reverse Mortgages Hit Record Rates In 2007, I was skeptical about reverse mortgages. As the Elder Law Project Manager at a Kansas law firm, I traveled across nine counties and heard countless stories of people losing money—and sometimes their homes—because they were drawn in by
Reverse Mortgage Scam Causes Seniors to Face Foreclosure and Eviction Read Post »
Understanding Pre-Petition and Post-Petition Debt in Bankruptcy What Does Pre-Petition vs. Post-Petition Mean in Bankruptcy? When filing for bankruptcy, it’s important to understand the difference between pre-petition and post-petition debt. These terms define when your debt was created and determine whether it can be included in your bankruptcy case. Pre-Petition Debt Pre-petition debt includes everything
Pre-Petition vs. Post-Petition Debt: What You Need to Know Before Filing Bankruptcy Read Post »
I will be back soon
