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Received 1099C from OC, what now?


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Posted by hentag (207.55.134.5) on April 29, 2003 at 16:21:11:

Whychat,

I had a OC send me a 1099c form for 2002. Does this mean I'm still obligated to pay?

hentag

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The 1099C is an IRS form that can only be issued by a creditor who is ACTUALLY "forgiving" that amount of $$,the fact that the CA is "claiming" X$$ and "forgives" X -A $$ does not mean they can legally issue a 1099C for that difference.

hentag




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