Do not be mislead – Bankruptcy is still an option even if you earn above your state’s median income

According to Los Angeles Bankruptcy Lawyer Michael H. Raichelson, even if you think you earn too much to file a Chapter 7 bankruptcy, you may be mistaken. Just because you earn above your state

Income Tax After A Short Sale?

I could not afford the rental property I purchased when I was making more money and was advised to short sell the property, after I short sold the property I received a 1099 from the lender and had to include the amount I was forgiven as income on my 2008 tax return and because of my decrease in income, could not pay the taxes and now I owe income taxes. Help.

This is a good question, and one we are asked very often. Now, let