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Re: 1099C and continued late fees


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Posted by Why Chat (209.240.198.61) on September 07, 2002 at 14:59:26:

In Reply to: 1099C and continued late fees posted by Michael on September 07, 2002 at 10:38:31:


They can charge interest and over limit fees and late charges up to the charge=off.

If your settlement was with the OC, and your agreement says they will not transfer any balance due,then in Jan. of the year following whatever year you complete the agreement,you will receive a 1099C for the prior year.


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