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Tag Archives: Income Tax

Can Filing Bankruptcy Protect Me From A 1099-C Tax Obligation?

By Yesner Law |

We received another great listener question. The simple answer is yes, filing bankruptcy before a foreclosure sale or short sale will protect you from a subsequent 1099-C assuming the bank waives any deficiency. Before we get there, however, some background: When someone gets foreclosed or completes a short sale, there are one of three… Read More »

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Yesner Law Countryside Colonial Center
2753 FL-580, Suite 106
Clearwater, FL 33761

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