top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Settle/No Settle? - Opinions please

Collapse
X
Collapse
 
  • Page of 4
  • Filter
  • Time
  • Show
Clear All
new posts
Previous 1 2 3 4 template Next
    #46
    Originally posted by BrokeIn2010 View Post
    Probably. My folk argued down a shell card bill by a mere $100 and got a 1099.
    ugh, thanks
    Chapter 7 filed 11/4/10 ---- 341 Meeting 12/1/10 ---- Discharge 1/31/2011.

    Comment

      #47
      Originally posted by Fallonedward View Post
      Does anyone know if I make an agreement to pay 100% of my unsecured Debt with Macy's but they agree to take off the 4 months of late fees will I still be a getting a nice 1099 at tax time?
      No, a 1099-c is just for forgiven principal.

      It's as if you got "income" equal to whatever "profits" you made by charging and not repaying items on the card.
      filed chapter 13..confirmed...converted to chapter 7...DISCHARGED!

      Comment

        #48
        Originally posted by catleg View Post
        No, a 1099-c is just for forgiven principal.

        It's as if you got "income" equal to whatever "profits" you made by charging and not repaying items on the card.
        Catleg: thank you so very much
        Chapter 7 filed 11/4/10 ---- 341 Meeting 12/1/10 ---- Discharge 1/31/2011.

        Comment

        Previous 1 2 3 4 template Next

        bottom Ad Widget

        Collapse
        Working...
        X