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	<title>Bankruptcy Sisters</title>
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	<description>Our Family Representing Yours</description>
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		<title>Why Did I Receive a 1099-C from my Creditor?</title>
		<link>http://www.bankruptcysisters.com/uncategorized/why-did-i-receive-a-1099-c-from-my-creditor/</link>
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		<pubDate>Fri, 04 Mar 2011 16:06:50 +0000</pubDate>
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		<description><![CDATA[IRS regulations require creditors to issue Form 1099-C to report to the IRS cancellation of indebtedness, which is counted as income for tax purposes. The purpose behind the regulations is to stop potential fraud. In general, loans are not considered income and are not taxable as you are required to repay the amount borrowed. However, [...]]]></description>
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		<title>Should We Stay or Should We Go?</title>
		<link>http://www.bankruptcysisters.com/bankruptcy/should-we-stay-or-should-we-go/</link>
		<comments>http://www.bankruptcysisters.com/bankruptcy/should-we-stay-or-should-we-go/#comments</comments>
		<pubDate>Thu, 18 Nov 2010 17:35:07 +0000</pubDate>
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				<category><![CDATA[Bankruptcy]]></category>

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		<description><![CDATA[In today’s economic situation, foreclosures are happening in record numbers.  As such, one of the most frequent questions we receive from clients is “Can I save my house?”  However, for people experiencing financial difficulties, the more applicable question is “Should I save my house?” Your bankruptcy attorney’s job is to review your complete financial picture [...]]]></description>
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		<title>Should I Take a Loan From My 401(k) to Pay My Creditors?</title>
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		<comments>http://www.bankruptcysisters.com/bankruptcy/should-i-take-a-loan-from-my-401k-to-pay-my-creditors/#comments</comments>
		<pubDate>Tue, 09 Nov 2010 21:18:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Bankruptcy]]></category>

		<guid isPermaLink="false">http://www.bankruptcysisters.com/?p=207</guid>
		<description><![CDATA[Most people feel that bankruptcy is the very last option and will only consider it after trying everything and anything else – debt negotiation companies that charge huge fees, high interest payday loans, borrowing from retirement accounts, selling personal property, etc.  However, what most people don’t know is that some of these actions could actually [...]]]></description>
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		<title>Can I Keep My House if I File for Bankruptcy?</title>
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		<pubDate>Fri, 17 Sep 2010 19:29:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[This is one of the most common questions that clients ask:  Whether they will be able to keep their home if they file for Chapter 7 bankruptcy protection. Yes, it is possible to keep your home under a homestead exemption, under certain circumstances.  Under both federal and state laws, there is an allowance for certain [...]]]></description>
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		<title>Can I File Bankruptcy Without My Spouse Filing Bankruptcy?</title>
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		<pubDate>Fri, 17 Sep 2010 19:28:01 +0000</pubDate>
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		<guid isPermaLink="false">http://nextmedia360.com/johhiggins360/newaikenlaw/?p=165</guid>
		<description><![CDATA[Yes, one spouse can file for bankruptcy protection without bringing the other spouse into the bankruptcy action. However, an additional question that should be considered is “Should I file bankruptcy without my spouse filing?”  In answering this question, there are some issues you should consider before moving forward, including, the fact that: Both spouses’ incomes [...]]]></description>
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