Legal Question in Bankruptcy in Pennsylvania
Bankruptcy & IRS 1099-A Form
I filed bankruptcy and my debt was
discharged in 2007. I relinquished
the home back to the mortgage
company. They put it up for sheriff in
2007. I received a 1099-A from the
mortgage company showing
outstanding principal and fair market
value. My bankruptcy attorney said I
am not obligated to pay anything. Is
this true. I have not made any
money off this because it went back
to the mortgage company. My
bankruptcy attorney said they should
not have even sent it to me since my
debt was discharged in a Chapter 7
bankruptcy.
Asked on 3/04/08, 10:35 am
1 Answer from Attorneys
Glenn Brown
Real World Law, P.C.
Re: Bankruptcy & IRS 1099-A Form
Listen to your attorney. He/She knows the facts of your situation.
Good luck to you.
Answered on 3/11/08, 12:15 am
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