Frequent Contributor
Posts: 379
Registered: ‎04-04-2012
Re: 1099-C issues and charge off,Please help!!
Update! I called the the office of the president of sears/Citibank inquired about the why If the debt was forgiven and a 1099 was issued,why was still showing he full balance in the credit reports.The woman was giving me bogus responses couldn't explain why,just kept saying that it was the amount that was charge off,ugh!!! I had to end the call as she wasn't understand nor couldn't explain me why if I got a 1099 as the debt was forgiven and I'm no longer responsable for the debt,why it still showing the full balance on my report? Ugh!!