Re: Debt negotiation company...what should I do?

Posted by LadynRed (65.80.184.73) on June 06, 2002 at 22:30:53:

In Reply to: Debt negotiation company...what should I do? posted by Mark on June 06, 2002 at 16:05:57:

You mentioned IRS consequences. Do you know that settlements for less than the total lay you open to cancellation of debt income ? Anything over $600 forgiven will be reported as income that you'll have to pay taxes on.

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