January 18th, 2010 | 
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h asked:
im filing chap 7 for a home which should end up foreclosing and… i got the county real estate bill due in jan. 7th. my bankruptcy lawyer told me on a phone that the bank or whoever buying through foreclosure will end up paying the tax, so don’t worry about it. is this true…?
someone told me that i should have lawyer ‘amend’ the bk ppwk stating the buyer has to pay tax owed in a property.
i left a vm earlier for lawyer to call back in that regard but not sure if he will do that for me…
what should i do…
hey, if homes foreclosed and chap 7 (hopefully not convert to chapt 13 as decision pending), will i owe irs 1099c?
Scott Emperor
im filing chap 7 for a home which should end up foreclosing and… i got the county real estate bill due in jan. 7th. my bankruptcy lawyer told me on a phone that the bank or whoever buying through foreclosure will end up paying the tax, so don’t worry about it. is this true…?
someone told me that i should have lawyer ‘amend’ the bk ppwk stating the buyer has to pay tax owed in a property.
i left a vm earlier for lawyer to call back in that regard but not sure if he will do that for me…
what should i do…
hey, if homes foreclosed and chap 7 (hopefully not convert to chapt 13 as decision pending), will i owe irs 1099c?
Scott Emperor
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The tax lien is clear.