What is the name of your state? Pennsylvania
My husband and his x girlfriend purchased a home in NJ. When they separated she kept physical possession of the residence. My husband is primary and she is secondary on the mortgage. She reamortized in 1998 with out his signature. now the property has gone thru foreclosure and sale in 7/2006. My husband has been send a 1099 for (what i feel is ) is the balance of the mortgage after sale. My question is since the secondary reamortized on her own with out the primary's signature why is she not recieving the 1099 since she took over financial responsibilty with this action?
1099A bal $49k FMV $86K do we need a lawyer?
My husband and his x girlfriend purchased a home in NJ. When they separated she kept physical possession of the residence. My husband is primary and she is secondary on the mortgage. She reamortized in 1998 with out his signature. now the property has gone thru foreclosure and sale in 7/2006. My husband has been send a 1099 for (what i feel is ) is the balance of the mortgage after sale. My question is since the secondary reamortized on her own with out the primary's signature why is she not recieving the 1099 since she took over financial responsibilty with this action?
1099A bal $49k FMV $86K do we need a lawyer?
Last edited: