Old Foreclosure - No 1099C
Date: Tue, 01/04/2011 - 09:26
You will receive the 1099c form if the deficient balance resulti
You will receive the 1099c form if the deficient balance resulting from the foreclosure sale had been forgiven by the lender. If the lender did not forgive the deficient balance, then you won't receive the form. Rather, you will be liable for paying the deficient balance to the lender.
you need not to worry just show them your purchasing date and pa
you need not to worry just show them your purchasing date and paper and ask them to deal with you as a new owner and it is not your concern to pay the old tax that was due on that house .