Why chat-cali. attorney-Linda
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Posted by frank Kurst
(204.120.48.3) on April 02, 2002 at 20:47:22:
Why chat you said if you settle a debt expect to get a 1099. 1-A) What if you dont settle and just ignore? 1-B)Can they and will they send a 1099 anytime?
1-C)Will all interest be included?
1-D)Can they send it in 6 years after date of last activity? C
1-E)Can you ask writing for them not send a 1099?
Also, I used a card on Feburary 12, 1998. I never made one payment. On my report it shows date of last activity on 5-98. How can this be?
2)When would the statute start? I dont remember what my billing cycle payments on this account were. It was either the beginning or end of month. To be safe if I know I never made a payment when would the statute start? Also, I think Linda mentioned that the (SOL) starts when you missed first payment.
Lets say I missed a June payment then made a payment in August then never made another payment. 3)Would the Statute start in June or August?
I appreciate yout time.
Thanks
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