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Anonymous
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Sub: #1 date for debt cancelation
Replied on 03-22-2010, 07:54 AM
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i settled 9 different cards on different dates in 2009 what date do i use to figure insolvency 1st cards date?last card settle date?

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Send message to Chris Samuels
Sub: #2
Replied on 03-23-2010, 03:03 AM
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According to my knowledge, the creditor with which you have settled with will send the Cancellation of Debt Form, 1099-C at the end of the year and that form will bear a date of debt cancellation. The cancellation date is important as it will act as the reference point. Moreover the date you settled and paid the creditors should match with your records.

Hope someone more knowledgeable in this aspect will soon be around to help.

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Send message to saurabh bajpai
Sub: #3 date for debt cancelation
Replied on 03-25-2010, 02:48 AM
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Thank's dear!!!!!!!!!!!!!!!





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