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1099C then a Lawsuit


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Posted by Fiddler (207.69.83.248) on March 19, 2003 at 17:03:27:

Turned a boat back into the bank about 4 months ago and they turned the matter over to a law firm. One month ago I received a 1099C from the bank. Now I'm being sued by them.

Can they do that? I thought to issue the 1099C they had to end collection efforts?


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