Can anyone clarify if these issues are red flags to look out for. We filed personal Florida Chapter 7 in Oct/07, were discharged in Jan. 08, including our home, are self employed, have extented our personal tax return filing, & have one more buy back payment to our trustee. My first concern is our home & the 2nd on it was discharged although the bank HAS YET TO MOVE FOREWARD WITH ANY FORECLOSURE proceedings. My attorney will write them as to their intentions. It's been 11 months! What could they possibly do, should I be aware of anything? Such as outstanding fees, liens, property taxes, bank attorney fees. Could someone explain a 1099 a,b,c,? to me, should I call my trustee about it? What are the tax implications that will effect us because of the BK. We've filed our business returns on time in April, but got an extension for our personnal. Is there anything especially important I should make my accountant aware of? I'm freaking that we'll owe so much that we'll be back deep in debt again. (Our prior taxes were current)Lastly, how long should I anticipate the Bk to close after making the last buy back payment next month? Again anything to look out for? Will our current finances and living expences be reviewed, will we have to submit any new info or past paperwork? I'm so ready to be done with this faze of our lives. It's been almost a full year!
Thanks to all for your input.
Thanks to all for your input.
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