Random Audits of Bankruptcy Cases To Resume
Random audits of bankruptcy cases to resume
Helping You Resolve Your Debt Problems
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Why Did I Receive a 1099 When My Debt Was Discharged in Bankruptcy?
Over the years, I've received plenty of calls from clients who received a Form 1099-C Cancellation of Debt from a creditor that was included in the client's bankruptcy case. Obviously, the client is a bit concerned because the Form 1099-C says that the amount of the...
COVID-19 Pandemic Response for Bankruptcy Cases
As of March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, House Resolution (H.R.) 748 was enacted to provide relief for Americans who are facing an uncertain financial future during these troubling times.The stimulus bill makes several...