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Re: charged off account-attn: ladynred


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Posted by LadynRed (199.91.33.254) on April 07, 2003 at 11:40:46:

In Reply to: Re: charged off account-attn: ladynred posted by patti on April 07, 2003 at 10:31:43:

Interesting. Well.. just goes to show that it CAN happen. I don't understand, however, how a CA can have this if Cap1 is basically CANCELLING the debt in its entirety by issuing you a 1099-C. It was my understanding that once a 1099-C is issued, they can NOT collect on it, PERIOD.


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