Here's the scenario
1) I am not confirmed yet.....
2) I was able to pick up some consulting work and made about $6000.00
3) The company I did the work for will issue me a 1099 so no taxes will be taken out
4) I am intending on reporting this income to the trustee via my nearly...

My spouse and I are hoping to file Ch. 7, but our J shows about $400 dmi. My husband does 1099 construction work and his pay fluctuates wildly. It just happens that the past six months were not as dire as the six months before that. We deduct all of his expenses related to his work, including vehicle...

Hello all,

I am in the process of short-selling some residential rental properties. The banks are willing to forgive the deficiency. I'm not sure yet, but I expect to be filing Ch7 in the next few months.

My question - If I short-sell the properties now, creating taxable...

I have about $250,000 in credit card debt.

Bank of America offered to settle $114,000 in debt for $12,750.

All other creditors want to work with me except for Discover and Capital One.

I could borrow money to settle for about 25 cents on the dollar, BUT I...