Re: Reporting credit card debt to IRS?
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Posted by patti (198.81.18.186) on February 01, 2003 at 13:19:06:
In Reply to: Re: Reporting credit card debt to IRS? posted by anon on February 01, 2003 at 13:10:17:
Listen to lady...she knows what she's talking about. Your account WILL charge off anyway if you didn't bring the account current. It will THEN be sent to a CA for collection. The only time the IRS is involved is IF the company forgives the debt, and thats not likely to happen.
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