Re: 1099a Question?????

Posted by observer (152.163.189.170) on August 04, 2002 at 17:49:06:

In Reply to: 1099a Question????? posted by Lisa on August 04, 2002 at 16:54:16:

I'm unclear what you are asking. Did you negoiate a settlement with a creditor? If so, I sure hope your agreement reads paid in full and debt canceled {or words to that affect}. If not, they can sell the balance to a ca.

If on the other hand, you just have a chargeoff and no settlement they may continue collection efforts. The tax writeoff they took has no affect on canceling your debt.

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