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Re: settlement


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Posted by Why Chat (209.240.222.130) on August 13, 2002 at 17:00:55:

In Reply to: settlement posted by K on August 13, 2002 at 16:50:34:


It doesnt matter which State it is under, unless your agreement calls for legal disposition of the unpaid balance, i.e. a 1099C showing it as taxable income to you, they can sell the balance of the debt to anyone they wish. What they CANNOT do -in ANY State, is to contiue to try to collect on the balance THEMSELVES.


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