http://www.bankruptcylawnetwork.com/2008/11/26/help-i-filed-bankruptcy-and-got-some-1099s-do-i-owe-tax/ Real Lawyers, Real Solutions Tue, 10 Nov 2009 16:34:06 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://www.bankruptcylawnetwork.com/2008/11/26/help-i-filed-bankruptcy-and-got-some-1099s-do-i-owe-tax/comment-page-1/#comment-35537 My Foreclosure Notice, sale date can be set in 3 months « Xenophilia (True Strange Stuff) Tue, 14 Jul 2009 02:01:00 +0000 http://www.bankruptcylawnetwork.com/?p=4581#comment-35537 [...] What if you get a 1099 form? 1099s that are received SHOULD NOT BE IGNORED.  Ignoring a 1099 in such a situation will only trigger a tax liability!  Instead, you simply need to fill out IRS form 982.  Technically, sending a 1099 after discharge may also be unlawful and subject the creditor to damages.  In the past, we have sued and recovered against creditors for this very conduct, so if you receive other correspondance (phone calls, bills, etc) in addition to the 1099 after your bankruptcy, let us know immediately, as you may possibly have a case!  For more information on 1099s on debt forgiveness, please click here. [...] [...] What if you get a 1099 form? 1099s that are received SHOULD NOT BE IGNORED.  Ignoring a 1099 in such a situation will only trigger a tax liability!  Instead, you simply need to fill out IRS form 982.  Technically, sending a 1099 after discharge may also be unlawful and subject the creditor to damages.  In the past, we have sued and recovered against creditors for this very conduct, so if you receive other correspondance (phone calls, bills, etc) in addition to the 1099 after your bankruptcy, let us know immediately, as you may possibly have a case!  For more information on 1099s on debt forgiveness, please click here. [...]

]]>