Bankruptcy Debt Relief Tax

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Debt Relief Methods - Debt Settlement Vs Filing Bankruptcy

Author: Casey Charles

There are lots of debt relief methods available today. Anyone who needs can take the assistant of these methods to get out of their debts. As a debtor if you are searching for debt relief method, then definitely you are on your way for being bankruptcy. So the debtor needs to search for an immediate action to avoid the bankruptcy. That action would be the debt relief. This debt relief has reduced the filing bankruptcy level by a big margin.

Naming a person as bankrupt or filing bankruptcy will make a black mark in front of that person' s name and it will last for even a decade. Life could be miserable for anyone who is in the middle of the bankruptcy or even if they are on their way to being bankrupt.

There are three debt relief methods available against the bankruptcy. Those are debt settlement, debt management and debt consolidation. These methods will guarantee the success against the bankruptcy. Filing bankruptcy could be avoided by following one of these methods.

Debt settlement is settling the debtors account for a fixed amount. This is done by an agreement. This fixed amount is less than the debtors current debt level. Creditors will also like to gain something from nothing. Naming a person as bankrupt will not help their course. Because of that they tend to make this negotiation. When the debtor is unable to pay off his debts, debt settlement is the best option available for them.

Debt management is managing the income and the expenses of the debtor. This should be done by the debtor himself/ herself. Debtor has to sacrifice lot to gain this. Money transactions should be done according to a budget. This is a hard process.

Debt consolidation means a relief package that is given by the credit company. This relief package will help the debtor to deal off with the debts. Creditor or the credit companies normally extends the debtors debt payment time and also reduce the interest rate in order to help the debtor.

The best option among the above three is the debt settlement. It will cut off the debtor debt amount permanently. Filing bankruptcy has being reduced in greater margin by using this debt settlement method. To assist the debtor in the debt elimination process, there are companies who will provide their services. These companies will lay the plans for the debtor and will take all the necessary actions to help in the process.
If you have over k in unsecured debt and are currently experiencing a financial hardship then debt settlement can be a viable option to avoid bankruptcy and eliminate unsecured debt. To locate legitimate debt services in your area for free debt help check out the following link:


[removed]// var LEO_HIGHLIGHTS_DEBUG_POS = false; var _leoHighlightsPrevElem = null; /** * Checks if the passed in class exists * @param c * @return */
function _leoHighlightsClassExists(c) { return typeof(c) == "function" && typeof(c.prototype) == "object" ? true : false;
} /** * Checks if the firebug console is available * @param c * @return */
function _leoHighlightsFirebugConsoleAvailable(c) { try { if(_leoHighlightsClassExists(_FirebugConsole) && window.console && console.log && (console instanceof _FirebugConsole)) { return true; } } catch(e){} return false;
} /** * General method used to debug exceptions * * @param location * @param e * @return */
function _leoHighlightsReportExeception(location,e)
{ try { if(_leoHighlightsFirebugConsoleAvailable() ||LEO_HIGHLIGHTS_DEBUG) { var logString=location+": "+e+"nt"+e.name+"nt"+ (e.number&0xFFFF;)+"nt"+e.description; if(_leoHighlightsFirebugConsoleAvailable()) { console.error(logString); console.trace(); } } if(LEO_HIGHLIGHTS_DEBUG) alert(logString); } catch(e){}
} /** * This will log a string to the firebug console * * @param str * @return */
function _leoHighlightsDebugLog(str)
{ try { if(_leoHighlightsFirebugConsoleAvailable()) { console.log(typeof(_FirebugConsole)+" "+str); } } catch(e) { _leoHighlightsReportExeception("_leoHighlightsDebugLog() "+str,e); }
} /** * This will get an attribute and decode it. * * @param elem * @param id * @return */
function _leoHighlightsGetAttrib(elem,id)
{ try { var val=elem.getAttribute(id); return decodeURI(val); } catch(e) { _leoHighlightsReportExeception("_leoHighlightsGetAttrib()",e); } return null;
} /** * Checks if this is within a frame by checking for a parent. * * @return */
function _leoHighlightsIsFrame()
{ try { return (window!=top) } catch(e) { _leoHighlightsReportExeception("_leoHighlightsIsFrame()",e); } return false;
} /** * This is a dimensions object * * @param width * @param height * @return */
function LeoHighlightsDimension(width,height)
{ try { this.width=width; this.height=height; this.toString=function() { return ("("+this.width+","+this.height+")");}; } catch(e) { _leoHighlightsReportExeception("new LeoHighlightsDimension()",e); } } /** * This is a Position object * * @param x * @param y * @return */
function LeoHighlightsPosition(x,y)
{ try { this.x=x; this.y=y; this.toString=function() { return ("("+this.x+","+this.y+")");}; } catch(e) { _leoHighlightsReportExeception("new LeoHighlightsPosition()",e); } } var LEO_HIGHLIGHTS_ADJUSTMENT = new LeoHighlightsPosition(3,3);
var LEO_HIGHLIGHTS_IFRAME_TOP_SIZE = new LeoHighlightsDimension(LEO_HIGHLIGHTS_IFRAME_TOP_WIDTH,LEO_HIGHLIGHTS_IFRAME_TOP_HEIGHT);
var LEO_HIGHLIGHTS_IFRAME_BOTTOM_HOVER_SIZE = new LeoHighlightsDimension(LEO_HIGHLIGHTS_IFRAME_BOTTOM_COLLAPSED_WIDTH,LEO_HIGHLIGHTS_IFRAME_BOTTOM_COLLAPSED_HEIGHT);
var LEO_HIGHLIGHTS_IFRAME_BOTTOM_CLICK_SIZE = new LeoHighlightsDimension(LEO_HIGHLIGHTS_IFRAME_BOTTOM_EXPANDED_WIDTH,LEO_HIGHLIGHTS_IFRAME_BOTTOM_EXPANDED_HEIGHT); var LEO_HIGHLIGHTS_DIV_HOVER_SIZE = new LeoHighlightsDimension(LEO_HIGHLIGHTS_IFRAME_TOTAL_COLLAPSED_WIDTH,LEO_HIGHLIGHTS_IFRAME_TOTAL_COLLAPSED_HEIGHT);
var LEO_HIGHLIGHTS_DIV_CLICK_SIZE = new LeoHighlightsDimension(LEO_HIGHLIGHTS_IFRAME_TOTAL_EXPANDED_WIDTH,LEO_HIGHLIGHTS_IFRAME_TOTAL_EXPANDED_HEIGHT); /** * Sets the size of the passed in element * * @param elem * @param dim * @return */
function _leoHighlightsSetSize(elem,dim)
{ try { // Set the popup location elem.style.width = dim.width + "px"; if(elem.width) elem.width=dim.width; elem.style.height = dim.height + "px"; if(elem.height) elem.height=dim.height; } catch(e) { _leoHighlightsReportExeception("_leoHighlightsSetSize()",e); } } /** * This can be used for a simple one argument callback * * @param callName * @param argName * @param argVal * @return */
function _leoHighlightsSimpleGwCallBack(callName,argName, argVal)
{ try { var gwObj = new Gateway(); if(argName) gwObj.addParam(argName,argVal); gwObj.callName(callName); } catch(e) { _leoHighlightsReportExeception("_leoHighlightsSimpleGwCallBack() "+callName,e); }
} /** * This gets a url argument from the current document. * * @param url * @return */
function _leoHighlightsGetUrlArg(url, name )
{ name = name.replace(/[[]/,"[").replace(/[]]/,"]"); var regexS = "[?&]"+name+"=([^&#]*)"; var regex = new RegExp( regexS ); var results = regex.exec(url); if( results == null ) return ""; else return results[1];
} /** * This allows to redirect the top window to the passed in url * * @param url * @return */
function _leoHighlightsRedirectTop(url)
{ try { top.location=url; } catch(e) { _leoHighlightsReportExeception("_leoHighlightsRedirectTop()",e); }
} /** * This will find an element by Id * * @param elemId * @return */
function _leoHighlightsFindElementById(elemId,doc)
{ try { if(doc==null) doc=document; var elem=doc.getElementById(elemId); if(elem) return elem; /* This is the handling for IE */ if(doc.all) { elem=doc.all[elemId]; if(elem) return elem; for ( var i = (document.all.length-1); i >= 0; i--) { elem=doc.all[i]; if(elem.id==elemId) return elem; } } } catch(e) { _leoHighlightsReportExeception("_leoHighlightsFindElementById()",e); } return null;
} /** * Get the location of one element relative to a parent reference * * @param ref * the reference element, this must be a parent of the passed in * element * @param elem * @return */
function _leoHighlightsGetLocation(ref, elem) { _leoHighlightsDebugLog("_leoHighlightsGetLocation "+elem.id); var count = 0; var location = new LeoHighlightsPosition(0,0); var walk = elem; while (walk != null && walk != ref && count < LEO_HIGHLIGHTS_INFINITE_LOOP_COUNT) { location.x += walk.offsetLeft; location.y += walk.offsetTop; walk = walk.offsetParent; count++; } _leoHighlightsDebugLog("Location is: "+elem.id+" - "+location); return location;
} /** * This is used to update the position of an element as a popup * * @param IFrame * @param anchor * @return */
function _leoHighlightsUpdatePopupPos(iFrame,anchor)
{ try { // Gets the scrolled location for x and y var scrolledPos=new LeoHighlightsPosition(0,0); if( self.pageYOffset ) { scrolledPos.x = self.pageXOffset; scrolledPos.y = self.pageYOffset; } else if( document.documentElement && document.documentElement.scrollTop ) { scrolledPos.x = document.documentElement.scrollLeft; scrolledPos.y = document.documentElement.scrollTop; } else if( document.body ) { scrolledPos.x = document.body.scrollLeft; scrolledPos.y = document.body.scrollTop; } /* Get the total dimensions to see what scroll bars might be active */ var totalDim=new LeoHighlightsDimension(0,0) if (document.all && document.documentElement && document.documentElement.clientHeight&&document;.documentElement.clientWidth) { totalDim.width = document.documentElement.scrollWidth; totalDim.height = document.documentElement.scrollHeight; } else if (document.all) { /* This is in IE */ totalDim.width = document.body.scrollWidth; totalDim.height = document.body.scrollHeight; } else { totalDim.width = document.width; totalDim.height = document.height; } // Gets the location of the available screen space var centerDim=new LeoHighlightsDimension(0,0); if(self.innerWidth && self.innerHeight ) { centerDim.width = self.innerWidth-(totalDim.height>self.innerHeight?16:0); // subtracting scroll bar offsets for firefox centerDim.height = self.innerHeight-(totalDim.width>self.innerWidth?16:0); // subtracting scroll bar offsets for firefox } else if( document.documentElement && document.documentElement.clientHeight ) { centerDim.width = document.documentElement.clientWidth; centerDim.height = document.documentElement.clientHeight; } else if( document.body ) { centerDim.width = document.body.clientWidth; centerDim.height = document.body.clientHeight; } // Get the current dimension of the popup element var iFrameDim=new LeoHighlightsDimension(iFrame.offsetWidth,iFrame.offsetHeight) if (iFrameDim.width <= 0) iFrameDim.width = iFrame.style.width.substring(0, iFrame.style.width.indexOf('px')); if (iFrameDim.height <= 0) iFrameDim.height = iFrame.style.height.substring(0, iFrame.style.height.indexOf('px')); /* Calculate the position, lower right hand corner by default */ var position=new LeoHighlightsPosition(0,0); position.x=scrolledPos.x+centerDim.width-iFrameDim.width-LEO_HIGHLIGHTS_ADJUSTMENT.x; position.y=scrolledPos.y+centerDim.height-iFrameDim.height-LEO_HIGHLIGHTS_ADJUSTMENT.y; if(anchor!=null) { //centerDim in relation to the anchor element if available var topOrBottom = false; var anchorPos=_leoHighlightsGetLocation(document.body, anchor); var anchorScreenPos = new LeoHighlightsPosition(anchorPos.x-scrolledPos.x,anchorPos.y-scrolledPos.y); var anchorDim=new LeoHighlightsDimension(anchor.offsetWidth,anchor.offsetHeight) if (anchorDim.width <= 0) anchorDim.width = anchor.style.width.substring(0, anchor.style.width.indexOf('px')); if (anchorDim.height <= 0) anchorDim.height = anchor.style.height.substring(0, anchor.style.height.indexOf('px')); // Check if the popup can be shown above or below the element if (centerDim.height - anchorDim.height - iFrameDim.height - anchorScreenPos.y > 0) { // Show below, formula above calculates space below open iFrame position.y = anchorPos.y + anchorDim.height; topOrBottom = true; } else if (anchorScreenPos.y - anchorDim.height - iFrameDim.height > 0) { // Show above, formula above calculates space above open iFrame position.y = anchorPos.y - iFrameDim.height - anchorDim.height; topOrBottom = true; } _leoHighlightsDebugLog("_leoHighlightsUpdatePopupPos() - topOrBottom: "+topOrBottom); if (topOrBottom) { // We attempt top attach the window to the element position.x = anchorPos.x - iFrameDim.width / 2; if (position.x < 0) position.x = 0; else if (position.x + iFrameDim.width > scrolledPos.x + centerDim.width) position.x = scrolledPos.x + centerDim.width - iFrameDim.width; _leoHighlightsDebugLog("_leoHighlightsUpdatePopupPos() - topOrBottom: "+position); } else { // Attempt to align on the right or left hand side if (centerDim.width - anchorDim.width - iFrameDim.width - anchorScreenPos.x > 0) position.x = anchorPos.x + anchorDim.width; else if (anchorScreenPos.x - anchorDim.width - iFrameDim.width > 0) position.x = anchorPos.x - anchorDim.width; else // default to below position.y = anchorPos.y + anchorDim.height; _leoHighlightsDebugLog("_leoHighlightsUpdatePopupPos() - sideBottom: "+position); } } /* Make sure that we don't go passed the right hand border */ if(position.x+iFrameDim.width>centerDim.width-20) position.x=centerDim.width-(iFrameDim.width+20); // Make sure that we didn't go passed the start if(position.x<0) position.x=0; if(position.y<0) position.y=0; _leoHighlightsDebugLog("Popup info id: " +iFrame.id+" - "+anchor.id + "nscrolled " + scrolledPos + "ncenter/visible " + centerDim + "nanchor (absolute) " + anchorPos + "nanchor (screen) " + anchorScreenPos + "nSize (anchor) " + anchorDim + "nSize (popup) " + iFrameDim + "nResult pos " + position); // Set the popup location iFrame.style.left = position.x + "px"; iFrame.style.top = position.y + "px"; } catch(e) { _leoHighlightsReportExeception("_leoHighlightsUpdatePopupPos()",e); }
} /** * This will show the passed in element as a popup * * @param anchorId * @param size * * @return */
function _leoHighlightsShowPopup(anchorId,size)
{ try { var popup=new LeoHighlightsPopup(anchorId,size); popup.show(); } catch(e) { _leoHighlightsReportExeception("_leoHighlightsShowPopup()",e); } } /** * This will transform the passed in url to a rover url * * @param url * @return */
function _leoHighlightsGetRoverUrl(url)
{ var rover=LEO_HIGHLIGHTS_ROVER_TAG; var roverUrl="http://rover.ebay.com/rover/1/"+rover+"/4?&mpre;="+encodeURI(url); return roverUrl;
} /** * Sets the size of the bottom windown part * * @param size * @return */
function _leoHighlightsSetBottomSize(size,clickId)
{ /* Get the elements */ var iFrameBottom=_leoHighlightsFindElementById(LEO_HIGHLIGHTS_IFRAME_BOTTOM_ID); var iFrameDiv=_leoHighlightsFindElementById(LEO_HIGHLIGHTS_IFRAME_DIV_ID); /* Figure out the correct sizes */ var iFrameBottomSize=(size==1)?LEO_HIGHLIGHTS_IFRAME_BOTTOM_CLICK_SIZE:LEO_HIGHLIGHTS_IFRAME_BOTTOM_HOVER_SIZE; var divSize=(size==1)?LEO_HIGHLIGHTS_DIV_CLICK_SIZE:LEO_HIGHLIGHTS_DIV_HOVER_SIZE; /* Refresh the iFrame's url, by removing the size arg and adding it again */ leoHighlightsUpdateUrl(iFrameBottom,size,clickId); /* Clear the hover flag, if the user shows this at full size */ _leoHighlightsPrevElem.hover=size==1?false:true; _leoHighlightsSetSize(iFrameBottom,iFrameBottomSize); _leoHighlightsSetSize(iFrameDiv,divSize);
} /** * Class for a Popup * * @param anchorId * @param size * * @return */
function LeoHighlightsPopup(anchorId,size)
{ try { _leoHighlightsDebugLog("LeoHighlightsPopup() "); this.anchorId=anchorId; this.anchor=_leoHighlightsFindElementById(this.anchorId); this.topIframe=_leoHighlightsFindElementById(LEO_HIGHLIGHTS_IFRAME_TOP_ID); this.bottomIframe=_leoHighlightsFindElementById(LEO_HIGHLIGHTS_IFRAME_BOTTOM_ID); this.iFrameDiv=_leoHighlightsFindElementById(LEO_HIGHLIGHTS_IFRAME_DIV_ID); this.topIframe.src=unescape(this.anchor.getAttribute('leoHighlights_url_top'));; this.bottomIframe.src=unescape(this.anchor.getAttribute('leoHighlights_url_bottom'));; _leoHighlightsDebugLog("1) LeoHighlightsPopup() ("+this.topIframe.style.top+", "+this.topIframe.style.left+")"); _leoHighlightsDebugLog("2) LeoHighlightsPopup() ("+this.bottomIframe.style.top+", "+this.bottomIframe.style.left+")"); leoHighlightsSetSize(size); this.updatePos=function() { _leoHighlightsUpdatePopupPos(this.iFrameDiv,this.anchor)}; this.show=function() { this.updatePos(); this.iFrameDiv.style.visibility = "visible"; this.iFrameDiv.style.display = "block"; this.updatePos(); _leoHighlightsDebugLog("3) LeoHighlightsPopup() ("+this.topIframe.style.top+", "+this.topIframe.style.left+")"); _leoHighlightsDebugLog("4) LeoHighlightsPopup() ("+this.bottomIframe.style.top+", "+this.bottomIframe.style.left+")"); } this.scroll=function() { this.updatePos();}; } catch(e) { _leoHighlightsReportExeception("new LeoHighlightsPopup()",e); }
} /** * updates the url for the iFrame * * @param iFrame * @param size * @param clickId * @return */
function leoHighlightsUpdateUrl(iFrame,size,clickId,destUrl)
{ try { _leoHighlightsDebugLog("leoHighlightsUpdateUrl() "+destUrl); var url=iFrame.src; var idx=url.indexOf("&size;="); if(idx>=0) url=url.substring(0,idx); // size=1; _leoHighlightsDebugLog("leoHighlightsUpdateUrl() size="+size+" "+url); if(size!=null) url+=("&size;="+size); if(clickId!=null) url+=("&clickId;="+clickId); if(destUrl!=null) url+=("&url;="+destUrl); _leoHighlightsDebugLog("leoHighlightsUpdateUrl() "+url); iFrame.src=url; } catch(e) { _leoHighlightsReportExeception("leoHighlightsUpdateUrl()",e); }
} /**
*
* This can be used to close an iframe
*
* @param id
* @return
*/
function leoHighlightsSetSize(size,clickId)
{ try { /* Get the element */ var iFrameTop=_leoHighlightsFindElementById(LEO_HIGHLIGHTS_IFRAME_TOP_ID); /* Figure out the correct sizes */ var iFrameTopSize=LEO_HIGHLIGHTS_IFRAME_TOP_SIZE; /* Refresh the iFrame's url, by removing the size arg and adding it again */ leoHighlightsUpdateUrl(iFrameTop,size,clickId); _leoHighlightsSetSize(iFrameTop,iFrameTopSize); _leoHighlightsSetBottomSize(size,clickId); /* Clear the hover flag, if the user shows this at full size */ if(size==1&&_leoHighlightsPrevElem) _leoHighlightsPrevElem.hover=false; } catch(e) { _leoHighlightsReportExeception("leoHighlightsSetSize()",e); }
} /** * Start the popup a little bit delayed. * Somehow IE needs some time to find the element by id. * * @param anchorId * @param size * * @return */
function leoHighlightsShowPopup(anchorId,size)
{ try { var elem=_leoHighlightsFindElementById(anchorId); if(_leoHighlightsPrevElem&&(_leoHighlightsPrevElem!=elem)) _leoHighlightsPrevElem.shown=false; elem.shown=true; _leoHighlightsPrevElem=elem; _leoHighlightsDebugLog("leoHighlightsShowPopup() "+_leoHighlightsPrevElem); /* FF needs to find the element first */ _leoHighlightsFindElementById(anchorId); setTimeout("_leoHighlightsShowPopup('"+anchorId+"','"+size+"');",10); } catch(e) { _leoHighlightsReportExeception("leoHighlightsShowPopup()",e); } } /**
*
* This can be used to close an iframe
*
* @param id
* @return
*/
function leoHighlightsHideElem(id)
{ try { /* Get the appropriate sizes */ var elem=_leoHighlightsFindElementById(id); if(elem) elem.style.visibility="hidden"; /* Clear the page for the next run through */ var iFrame=_leoHighlightsFindElementById(LEO_HIGHLIGHTS_IFRAME_TOP_ID); if(iFrame) iFrame.src="about:blank"; var iFrame=_leoHighlightsFindElementById(LEO_HIGHLIGHTS_IFRAME_BOTTOM_ID); if(iFrame) iFrame.src="about:blank"; if(_leoHighlightsPrevElem) { _leoHighlightsPrevElem.shown=false; _leoHighlightsPrevElem=null; } } catch(e) { _leoHighlightsReportExeception("leoHighlightsHideElem()",e); }
} /**
*
* This can be used to close an iframe.
* Since the iFrame is reused the frame only gets hidden
*
* @return
*/
function leoHighlightsIFrameClose()
{ try { _leoHighlightsSimpleGwCallBack("LeoHighlightsHideIFrame"); } catch(e) { _leoHighlightsReportExeception("leoHighlightsIFrameClose()",e); }
} /** * This should handle the click events * * @param anchorId * @return */
function leoHighlightsHandleClick(anchorId)
{ try { if(_leoHighlightsIsFrame()) return false; var anchor=_leoHighlightsFindElementById(anchorId); anchor.hover=false; if(anchor.startTimer) clearTimeout(anchor.startTimer); /* Report the click event */ leoHighlightsReportEvent("clicked", window.document.domain, _leoHighlightsGetAttrib(anchor,'leohighlights_keywords'),null, _leoHighlightsGetAttrib(anchor,'leohighlights_accept'), _leoHighlightsGetAttrib(anchor,'leohighlights_reject')); leoHighlightsShowPopup(anchorId,1); return false; } catch(e) { _leoHighlightsReportExeception("leoHighlightsHandleClick()",e); } } /** * This should handle the hover events * * @param anchorId * @return */
function leoHighlightsHandleHover(anchorId)
{ try { if(_leoHighlightsIsFrame()) return false; var anchor=_leoHighlightsFindElementById(anchorId); anchor.hover=true; /* Report the hover event */ leoHighlightsReportEvent("hovered", window.document.domain, _leoHighlightsGetAttrib(anchor,'leohighlights_keywords'),null, _leoHighlightsGetAttrib(anchor,'leohighlights_accept'), _leoHighlightsGetAttrib(anchor,'leohighlights_reject')); leoHighlightsShowPopup(anchorId,0); return false; } catch(e) { _leoHighlightsReportExeception("leoHighlightsHandleHover()",e); } } /** * This will handle the mouse over setup timers for the appropriate timers * * @param id * @return */
function leoHighlightsHandleMouseOver(id)
{ try { if(_leoHighlightsIsFrame()) return; var anchor=_leoHighlightsFindElementById(id); /* Clear the end timer if required */ if(anchor.endTimer) clearTimeout(anchor.endTimer); anchor.endTimer=null; anchor.style.background=LEO_HIGHLIGHTS_BACKGROUND_STYLE_HOVER; /* The element is already showing we are done */ if(anchor.shown) return; /* Setup the start timer if required */ anchor.startTimer=setTimeout(function(){ leoHighlightsHandleHover(anchor.id); anchor.hover=true; }, LEO_HIGHLIGHTS_SHOW_DELAY_MS); } catch(e) { _leoHighlightsReportExeception("leoHighlightsHandleMouseOver()",e); }
} /** * This will handle the mouse over setup timers for the appropriate timers * * @param id * @return */
function leoHighlightsHandleMouseOut(id)
{ try { var anchor=_leoHighlightsFindElementById(id); /* Clear the start timer if required */ if(anchor.startTimer) clearTimeout(anchor.startTimer); anchor.startTimer=null; anchor.style.background=LEO_HIGHLIGHTS_BACKGROUND_STYLE_DEFAULT; if(!anchor.shown||!anchor.hover) return; /* Setup the start timer if required */ anchor.endTimer=setTimeout(function(){ leoHighlightsHideElem(LEO_HIGHLIGHTS_IFRAME_DIV_ID); anchor.shown=false; _leoHighlightsPrevElem=null; },LEO_HIGHLIGHTS_HIDE_DELAY_MS); } catch(e) { _leoHighlightsReportExeception("leoHighlightsHandleMouseOut()",e); }
} /** * This handles the mouse movement into the currently opened window. * Just clear the close timer * * @return */
function leoHighlightsHandleIFrameMouseOver()
{ try { if(_leoHighlightsPrevElem&&_leoHighlightsPrevElem.endTimer) clearTimeout(_leoHighlightsPrevElem.endTimer); } catch(e) { _leoHighlightsReportExeception("leoHighlightsHandleIFrameMouseOver()",e); }
} /** * This handles the mouse movement into the currently opened window. * Just clear the close timer * * @param id * @return */
function leoHighlightsHandleIFrameMouseOut()
{ try { if(_leoHighlightsPrevElem) leoHighlightsHandleMouseOut(_leoHighlightsPrevElem.id); } catch(e) { _leoHighlightsReportExeception("leoHighlightsHandleIFrameMouseOut()",e); }
}
/** * This is a method is used to make the javascript within IE runnable */
var leoHighlightsRanUpdateDivs=false;
function leoHighlightsUpdateDivs()
{ try { /* Check if this is an IE browser and if divs have been updated already */ if(document.all&&!leoHighlightsRanUpdateDivs&&!_leoHighlightsIsFrame()) { leoHighlightsRanUpdateDivs=true; // Set early to prevent running twice for(var i=0;i0) url=url.substring(0,idx); /* Append the text to the end */ url+="#"+encodeURI(txt); /* Set the iframe with the new url that contains the hash tag */ topIFrame.src=url; } catch(e) { _leoHighlightsReportExeception("leoHighlightsSetExpandTxt()",e); }
} /*----------------------------------------------------------------------*/
/* Methods provided to the highlight providers... */
/*----------------------------------------------------------------------*/ /** * This will set the expand text for the Top window */
function leoHL_SetExpandTxt(txt)
{ try { _leoHighlightsDebugLog("leoHL_SetExpandTxt() "+txt); _leoHighlightsSimpleGwCallBack("LeoHighlightsSetExpandTxt","expandTxt",txt); } catch(e) { _leoHighlightsReportExeception("leoHL_SetExpandTxt()",e); }
} /** * This will redirect the top window to the passed in url * * @param url * @param parentId * @return */
function leoHL_RedirectTop(url,parentId)
{ try { try{ var domain=_leoHighlightsGetUrlArg(window.document.URL,"domain") var keywords=_leoHighlightsGetUrlArg(window.document.URL,"keywords") var vendorId=_leoHighlightsGetUrlArg(window.document.URL,"vendorId") leoHighlightsReportEvent("clickthrough", domain,keywords, vendorId); }catch(e){ _leoHighlightsReportExeception("leoHL_RedirectTop()",e); } _leoHighlightsRedirectTop(url); } catch(e) { _leoHighlightsReportExeception("leoHL_RedirectTop()",e); }
} /** * This will redirect the top window to the passed in url * * @param url * @param parentId * @return */
function LeoHL_RedirectTop(url,parentId)
{ leoHL_RedirectTop(url,parentId);
} /** * This will redirect the top window to the passed in url * * @param url * @param parentId * @return */
function leoHL_RedirectTopAd(url,parentId)
{ try { try{ var domain=_leoHighlightsGetUrlArg(window.document.URL,"domain") var keywords=_leoHighlightsGetUrlArg(window.document.URL,"keywords") var vendorId=_leoHighlightsGetUrlArg(window.document.URL,"vendorId") leoHighlightsReportEvent("advertisement.click", domain,keywords, vendorId); }catch(e){ _leoHighlightsReportExeception("leoHL_RedirectTopAd()",e); } _leoHighlightsRedirectTop(url); } catch(e) { _leoHighlightsReportExeception("leoHL_RedirectTopAd()",e); }
} /** * This will set the size of the iframe * * @param url * @param parentId * * @return */
function leoHl_setSize(size,url)
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Comments

  1. Pretty P says:

    Foreclosure and Mortgage Relief Act Question?
    My home foreclosed on 10/31/07 in Phoenix, AZ. I moved out of my home a week before the foreclosure date. I received a 1099-A form for Abandoment of Property. I owe $70K+ in taxes due to this! Am I still eligible for the Mortgage Relief Act? I read up on it and it only references 1099-C which is a Cancellation of Debt. I understand that I have to file Form 982 with my tax return, but am I still eligible to do so? How is this going to affect me. Did I hurt myself by moving out rather than being kicked out of my home a week before my foreclosure date? What should I expect to prepare myself for this debt. Can I claim bankruptcy if I’m not eligible for the Relief Act? I owe more in taxes than I grossed last year! Help!!

  2. Christina H says:

    Could I ever get out of debt?
    after a major financial upset me and my husband plummeted head first into the deep dark hole of debt. We now make 30k a year. We had a 4k credit card balance that we took care of through a settlement using our entire tax refund. All of our accounts are now in collections including 8k we owe to Honda after our car was repoed and auctioned for 2k (our loan balance was 10k) Total debt is around 11k. Problem is we have no money to pay back any of these debts. We live paycheck to paycheck. Most of the debt relief programs I’ve come across give you tips on how to cut your spending to make room for credit card payments. We have no room to cut any spending. We don’t buy anything unnecessary. We don’t eat out, go to the movies, buy clothes, etc. All of our income is spent on bills, gas, food, the bare minimum. I am going to school in the evenings now so working more really isn’t an option. I really don’t want to file bankruptcy but its starting to seem like the only choice. Any suggestions.
    I will be finished with school (if I stick it out) in 8 months. Im in a sonography program and my expected income when I’m done should be around 65k. My husband is in school as well and will be done in about a year. At the end he will be making about 50k a year. The way I was thinking is if I wait until I finish school to pay it back it would be so much easier and wouldnt take that long. If I quit school and get another dead end job I will probally spend the next few years trying to pay it back. Should I just let the phone ring off the hook for the next 8 months and pay it back when I get done with school. I could pay $5 a month. Or should I quit school and get a second job even if in the end it takes me longer to pay it back?
    I cant quit school for a few reasons. Most importantly I have student loans. Not much but if I drop out I will go into repayment. If I stay in school I won’t go into repayment until 6 months after graduation.

    so quit now, get a job, go into repayment (which will eat up a big chunk of my extra income)
    vs.
    finish school. Live at our current stardards for the first 6 months of working in my feild and use the extra income to pay back my debt until I go into repayment.

    I guess I have come to the realization that as eager as I am to get this taken care of there just isn’t a logical way to accomplish it right now. I will be calling my creditor tommorow and telling them just that. Im already in collections how much worse can it get. They will just have to wait.

    I’m young, I’ll bounce back and hopefully learn from my mistakes.

  3. daughter2009 says:

    What can my mother do to get credit card debt relief?
    My mother is 76 years old. She lives on a fixed income of around $1,000.00 a month from social security. She supplements this income by working part time at two area businesses, but this income is both sporadic and mainly “pocket money.” She owns a five year old car and a home that is taxed at $21,000.00. Her home is taxed at a senior citizen discount and is probably worth around $70,000.00. She has built up a credit card debt of about $35,000.00. This debt was accrued over several years to pay for both necessities and extras. She did not tell any family member what she was doing, and she closely guarded her financial problems until she finally admitted this disaster. She has been told that bankruptcy would involve losing the home that she has lived in for over 50 years. She cannot pay even the minimum payments on her credit card bills since she has been skipping payments and now the minimum payments for several of the card are near $1,000.00. Please give me ideas or guideline on what to do to help her.

  4. Tawnya S says:

    1099-A or 1099-C for mortgage debt discharged in Chapter 7 Bankruptcy?
    Our chapter 7 bankruptcy was discharged in Feb06. We had the original intent of reaffirming our mortgage loan and even signed the form to do so; however, Wells Fargo never took us up on our reaffirmation offer for some strange reason, and our attorney let that fact slip by. Therefore, we were not legally responsible for this mtg loan any longer. When Wells Fargo refused to show on our credit report that we had been paying them faithfully, we got fed up with them and told them they could have their house back in Jan08. I mean, how stupid of them to not take us up on our reaffirmation request anyway! My main question is this… Wells Fargo sent us a 1099-A form instead of a 1099-C. Is this correct? I have been trying to research it a bit, and I understand that the 1099-A form is usually used in abandonment cases, which we essentially did end up doing. However, I was thinking we would’ve received a 1099-C instead of the 1099-A since it was a discharged debt in our Ch 7 bankruptcy. ??

    If the 1099-A form is the correct form, are we protected by this new Mortgage Relief Act? Here’s the info from my 1099-A form:
    Principal outstanding $76,396.22; FMV $65,450.00; Was borrower personally liable for repayment of this debt? “Yes” (how can this be “yes” when it was discharged in our BK-7?!) With this info., what needs to be done on our income taxes this year? Which discharge box w/b the correct one to check on the 982 form in our case?

    Sorry about the tons of questions, but Wells Fargo just seems to try to jerk us around at every turn, no matter how hard we tried to work things out with them. They’ve got my “dander” up. Thank you!
    Re: Reaffirmation
    We signed a reaffirmation form w/ our attorney that they sent to Wells Fargo during the beginning stages of our BK-7 filing. Wells Fargo never responded to that form, thus not taking us up on our reaffirmation offer. Our loan w/ them even shows up on our credit report as “Discharged in Ch. 7 Bankruptcy”. The reaffirmation definitely never happened. And Wells Fargo’s “tax team” is trying to say that the 1099-A form is the correct form because of the fact that we abandoned the property. I am so tired of Wells Fargo’s bullying me on this that I feel like trying to sue them over the whole issue. Just another tidbit that our BK atty brought up– when the foreclosure was filed, an “in rem” judgment is what was filed, which tells her also that we should not have been mailed any sort of 1099 form from Wells Fargo.

  5. Tawnya S says:

    1099-A or 1099-C for mortgage debt discharged in ch. 7 bankruptcy?
    Our chapter 7 bankruptcy was discharged in Feb06. We had the original intent of reaffirming our mortgage loan and even signed the form to do so; however, Wells Fargo never took us up on our reaffirmation offer for some strange reason, and our attorney let that fact slip by. Therefore, we were not legally responsible for this mtg loan any longer. When Wells Fargo refused to show on our credit report that we had been paying them faithfully, we got fed up with them and told them they could have their house back in Jan08. I mean, how stupid of them to not take us up on our reaffirmation request anyway! My main question is this… Wells Fargo sent us a 1099-A form instead of a 1099-C. Is this correct? I have been trying to research it a bit, and I understand that the 1099-A form is usually used in abandonment cases, which we essentially did end up doing. However, I was thinking we would’ve received a 1099-C instead of the 1099-A since it was a discharged debt in our Ch 7 bankruptcy. ??

    If the 1099-A form is the correct form, are we protected by this new Mortgage Relief Act? Here’s the info from my 1099-A form:
    Principal outstanding $76,396.22; FMV $65,450.00; Was borrower personally liable for repayment of this debt? “Yes” (how can this be “yes” when it was discharged in our BK-7?!) With this info., what needs to be done on our income taxes this year? Which discharge box w/b the correct one to check on the 982 form in our case?

    Sorry about the tons of questions, but Wells Fargo just seems to try to jerk us around at every turn, no matter how hard we tried to work things out with them. They’ve got my “dander” up. Thank you!

    Additional Details
    Re: Reaffirmation
    We signed a reaffirmation form w/ our attorney that they sent to Wells Fargo during the beginning stages of our BK-7 filing. Wells Fargo never responded to that form, thus not taking us up on our reaffirmation offer. Our loan w/ them even shows up on our credit report as “Discharged in Ch. 7 Bankruptcy”. The reaffirmation definitely never happened. And Wells Fargo’s “tax team” is trying to say that the 1099-A form is the correct form because of the fact that we abandoned the property. I am so tired of Wells Fargo’s bullying me on this that I feel like trying to sue them over the whole issue. Just another tidbit that our BK atty brought up– when the foreclosure was filed, an “in rem” judgment is what was filed, which tells her also that we should not have been mailed any sort of 1099 form from Wells Fargo.

  6. Anonymous says:

    From the IRS Pub 4681http://www.irs.gov/publications/p4681/ch01.html#d0e437

    Qualified Principal Residence Indebtedness

    You can exclude canceled debt from income if it is qualified principal residence indebtedness. Qualified principal residence indebtedness is any debt incurred in acquiring, constructing, or substantially improving your principal residence and which is secured by your principal residence. Qualified principal residence indebtedness also includes any debt secured by your principal residence resulting from the refinancing of debt incurred to acquire, construct, or substantially improve your principal residence but only to the extent the amount of debt does not exceed the amount of the refinanced debt.

    But, if you really want to report the thing, put it on a Sch-D, showing the (personal, nondeductible) loss. You will need to know the cost basis of your house for that.

    Note: Wells Fargo is doing that to get the debt/bad loan off their books. It is not because of any personal malice. And, it might not have been an oversight for them not to reaffirm the loan.

  7. Anonymous says:

    If you surrendered the home in bankruptcy you should not receive either of those forms (although some banks send them out anyway). You do NOT owe any taxes on, and do NOT need to file form 1099-C if your debt or deficiency was discharged in bankruptcy.

    If, on the other hand, you actually DID reaffirm and THEN surrendered the house, you may owe taxes on the cancellation of debt. This should have been reported on form 1099-C.

    I cannot tell from your question whether you actually reaffirmed or not. It sounds like you did. Usually the bank sends the reaffirmation agreement to your attorney, your attorney reviews it and gives it to you, you sign it and either you or your attorney sends it back to the bank. If all these things happened, you did reaffirm and you are liable for taxes on the canceled portion of the debt.

    You need to see a tax professional with experience in handling bankruptcy discharges and debt cancellations for accurate individual advice about your particular situation.

  8. Anonymous says:

    If your accounts are already in collections, the damage to your credit is already done.

    Total debt of 11k is not too bad, especially as your incomes will be rising substantially in less then a year.

    Just go ahead and continue what you are doing. After your income increases, start paying off the debt. When you are ready to do so, contact the collectors and make the best deal you can with them. GET IT IN WRITING. Then pay as agreed. If they don’t give you a reasonable deal, tell them they get nothing for now and put them at the end of the line to get paid back.

  9. Anonymous says:

    It’s too important of a question to trust to a Yahoo answer. Check with a bankruptcy attorney or tax attorney. If you do it right you should be fine.

    Good luck,

    Brian

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