Lately, I've seen a lot of advertising imploring consumers to purchase goods through a financing option called "rent to own" or a "lease purchase" agreement. The gist of a "lease purchase" agreement is that a consumer selects the item he or she wishes to purchase. ...
Random audits of bankruptcy cases to resume
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...
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...