Re: What happens if unable to pay? IRS gets involved?
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Posted by Ken
(66.91.144.122) on December 22, 2003 at 18:34:07:
In Reply to: What happens if unable to pay? IRS gets involved? posted by Pumpkin on December 22, 2003 at 18:28:15:
The IRS is not involved on cc debts unless the cc is claiming forgiveness of a debt that might lead to tax liability. I believe forgiveness of a debt is income to you but I don't see that happenning unless cc is writing the debt off.
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