Re: 1099 question
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by ANON
(12.212.58.156) on September 14, 2003 at 06:49:54:
In Reply to: 1099 question posted by sally on September 14, 2003 at 06:19:09:
If your debt was sold then you won't get a 1099. Only the original creditor can send you one to make up the difference between what you paid and what they SAID you owe. It counts as income on your taxes...even when these guys jack up the fees and interest to 10+ times what you ever charged. At 4 years and sold you are better off not paying it...50% or otherwise.
Follow Ups:
Post a Followup
|
