Legal Question in Bankruptcy in Georgia
bankruptcy
should a creditor issue a 1099-A to cover the shortage resulting from the sale of real property which was sold pursuant to the lifting of the stay in a chapter 7 bankruptcy.
Asked on 5/05/09, 3:44 pm
1 Answer from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
Re: bankruptcy
Yes. You're asking the same question you asked before and you still need to be calling your lawyer. As for whether you do or don't owe taxes, consult with your lawyer as to how to deal with the 1099.
Answered on 5/05/09, 3:48 pm
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