Do I have to pay taxes on the balance that was forgivin in the settlement? I've been sent a 1099-c for my business credit card that was settled 7/9/2010......I have no assets or anything,only a checking account with 18.00 left over. Thanks for any advice...

P Scott Lowery/CACH LLC is offering me a settlement of 40%.....My question is what do I request in writing before I accept or negotiate further?

My husband has 1 credit card. He has lost his job. He can't afford to make the payments on it. So, he contacted the credit card company. The card company has offered him a repayment plan. As per the payment plan, he has to pay $120 for around 4 years. Should he accept the offer?

If a CA reports to the bureaus how long does they stay on report?

Who is responsible for all disputes relating to chexsystems?

I have read several threads about this subject but I don't see anything concrete about calif laws. I have a couple of questions 1. i have a loan out now for 400 and they are saying i have to pay back 520 ACH debit. ( for which i have already sent a letter revoking my auth to the PDL also going to the bank in the morning to close acct) problem is they are supposed to debit my acct tomorrow 4/11/11 i called the bank they noted the acct but i have to go to the bank tomorrow. the pdl will try and bill me for an additional 120 extension fee, 55 fee for return ck.

I know this is alot to read, but any help would be very appreciated. I'll start off by saying im 24 years old and live in minnesota. I don't want to give a sob story so i'll try to just give facts. I've been working since i was 16, and although live at home, have supported myself financially ever since. I'm so overwhelmed with whats going on i really don't know what to do. My ex girlfriend of 5 years whom i lived with for 4, had bad credit when we got together. Most anything we got went into my name. Fast forward 5 years to now.

hello, I'm new to this site, found it a couple of days ago, Anyway, I was reading through and found that I'm not alone in this mess. I have 3 payday loans now 1) oneclickcash.com 2) ameriloan and 3) mycashnow. I borrowed $300 from oneclickcash $300 from ameriloan and $600 from mycashnow. I've seen times where my account would be over drafted $200-$900 just days after pay day and I get paid monthly.

I live in Texas and due to a variety of circumstances I have a large credit card debt I am unable to pay, the credit card company refused to work with me in any way, one of their reps actually told me to go find a man to marry me who could pay it, and the minimums just became impossible so, with regret, I defaulted, a credit counselling service was unable to help either as my income was too small and unpredictable. I don't feel good about what I did, it's always on my mind, I am always afraid and stressed, but even if I gave them every penny I have it would not make this go away.

What is the timeframe for the discharge for a Chap. 13 Bankrupty after the last payment has been made ?