Re: unpaid debts...

Posted by patti (198.81.26.79) on August 26, 2003 at 12:37:58:

In Reply to: unpaid debts... posted by Mary on August 26, 2003 at 11:00:28:

Mary, a 1099c is issued by the CREDITOR for a debt forgiven, and you are required to report it as INCOME on your tax return. Sounds like the attys have their info screwed. Were you issued a 1099c from the original creditor in question?

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