My question involves bankruptcy in the state of: CA
I am presently in cpt 13 for 12 months now i am wondering if all this property devalueation continues at this fast pace what can i do to avoid 1099 from my first mortgage and my second? i see by some previous posts that if my mortgage were not the original which they are not then i would be subject to a 1099 but if you file cpt 7 would that relieve you of all debt if you include the house in the cpt 7 and all but a car?

