Lizeth GeorgeThe League of Southeastern Credit Unions & Affiliates (LSCU) is excited to bring you a 1099 Reporting: Foreclosures, Repossessions & Debt Settlements webinar on November 18, 2021. This 90-minute webinar will help you learn how to accurately complete Forms 1099-A and 1099-C with this line-by-line instructional program.
After this webinar you’ll be able to:
- Properly complete Form 1099-A: Acquisition or Abandonment of Secured Property and Form 1099-C: Cancellation of Debt
- Understand which forms must be filed when foreclosing on real property versus repossessing personal property – and the exclusions
- Explain the process if the property isn’t acquired at a foreclosure sale
- Distinguish what constitutes cancellation of debt for purposes of Form 1099-C
- Handle debtors who file bankruptcy
MEET THE PRESENTER
 |
Elizabeth Fast, JD & CPA Spencer Fane LLP Elizabeth Fast is a partner with Spencer Fane Britt & Browne LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions. |
