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1099a After the Foreclosure

Posted: Mon Feb 23, 2009 11:49 am
by Yahoo Bot

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I've heard Lou, Pat and others eloquently opine about the timing of a
foreclosure or 'short sale' with relation to an ongoing bankruptcy or for
pre-bk planning. But this is after the foreclosure already occurred. If
someone lost their house in a foreclosure, and they subsequently receive a
1099a, and people are now interested in filing a BK, is this debt treated
any differently than other tax debt? (3-year rule et.al.)?
charset="US-ASCII"
I've heard Lou, Pat
and others eloquently opine about the timing of a foreclosure or 'short sale'
with relation to an ongoing bankruptcy or for pre-bk planning. But this is
after the foreclosure already occurred. If someone lost their house in a
foreclosure, and they subsequently receive a 1099a, and people are now
interested in filing a BK, is this debt treated any differently than other tax
debt? (3-year rule et.al.)?

The post was migrated from Yahoo.