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Can a Creditor take money from my salary/income?
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Posted by QuickDraw McGraw (67.8.2.18) on January 07, 2004 at 01:37:22:
HI! Today I spoke to Allied Data Corporation a collection agency. They told me that they will advise the Original Creditor to do something called 1099C from the IRS. The lady told me (in an aggressive tone) that to look up the consquences of what a 1099c are. Of course i understand that this might be a scare tactic but i was also wondering what are the possibilities that they can proceed with a 1099c (1099c as i understand takes out money from your Income, kinda like child support payments but for creditors). I live in Florida and i know that Florida laws protect the consumer from creditors more than in other states but i dont know the extent. Also i was inform from a friend from New Jersey that he had a similar problem and that the Creditors took it directly from his bank account, that made me think if that was also possible for them to do in Florida?
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