LLP is Limited Liability Partnership. Form 1099-MISC is Miscellaneous Income. The Payer of at least $600 to a recipient who isn't an employee is required to file Form 1099-MISC.
Although LLP's are...
Sure...he isn't part of any qualied accountable plan...it's just his billing like any other type of his billing...time, transport, faxing, etc...break it out as much as he wants...it's just payment...
If a debt is "forgiven," it is income to the debtor, and a 1099 is issued by the mortgagee or the creditor. You may not have to pay it, even if you don't file bankruptcy, if the debt was a mortgage...