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Settled Charge off but no 1099-C yet. Awake a sleeping bear?

Established Member

Settled Charge off but no 1099-C yet. Awake a sleeping bear?

I settled a CO last year in April and paid half of the amount owed and settled. I was also able to get the CO off my report due to incorrect information. I have not received the 1099-C and I have received one from another CO from another company. If I were to call them for that information, do you think there may be a posibility that they would report it again?

Current: 1/23/2018 EQ 683 TU 673 EX 680
Starting: 2/8/2017 EQ 576 TU 546 EX 596
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Re: Settled Charge off but no 1099-C yet. Awake a sleeping bear?

Hard to say.

Deletion as a result of a dispute is never absolute.

If the deletion was done based on lack of verification, then the lacking verification or correction can always be provided at a later time, and the deleted information resinserted.  The furnisher must provide, along with the proposed resinsertion, a certification of accuracy of the information.

See FCRA 611(a)(5)(B).

 

What specifically was the information that was not verified?

 

As for the 1099c, was the amount of the settlement at least $600 less than the full debt?

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