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Debtconsolidationcare.com - the USA consumer forum

I need know about debt settlement

Date: Fri, 08/28/2009 - 10:52

Submitted by marie006414-d1
on Fri, 08/28/2009 - 10:52

Posts: 3 Credits: [Donate]

Total Replies: 12


Hi:
I sign in to a company for debt settlement but I need to know how work to pay the tax for de credit card. some one can explain to me what this is work. Thnaks so much


Alot of people will scare you away from settlement because of tax consequences. But if you read around most people who have had to sign up for settlement fall under the catigory that they are insolvant. and in this case while filing your return if you qualify you will need to fill out a form to prove that you are insolvant. I cannot remember what form this is maybe some one can chime in and let you know. but im sure any accountant would be able to tell you what it is and you will not be required to pay the taxes. good luck to you!


lrhall41

Submitted by love_my_things on Mon, 08/31/2009 - 05:47

( Posts: 1434 | Credits: )