by Mark J. Markus | Oct 4, 2012 | asset protection, foreclosures, etc., real estate issues, tax issues, taxes
Your Home Loan Mortgage Just Disappeared? In the past few weeks in my Los Angeles, California practice, I have had several potential (and existing) clients tell me that the bank which holds the junior mortgage (e.g. 2nd or 3rd trust deed) on their house has suddenly...
by Mark J. Markus | Nov 19, 2011 | Bankruptcy Alphabet, tax issues
Ahh forgiveness. What a lovely word. It’s at the foundation of most religions and psychologists tell us it’s good to lower stress. Bankruptcy has its own forgiveness: Forgiveness of debts, or at least the obligation to pay on the debts (see my...
by Mark J. Markus | Apr 18, 2011 | Bankruptcy Law, tax issues
Is a Form 1099 from a Creditor After My Bankruptcy Case Considered Taxable Income? A very important question I’m often asked every year by my clients is: What effect does their bankruptcy have on their income taxes? Or, whether or not debts discharged...
