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TD Bank Nordstrom 7 year charge off

Established Member

TD Bank Nordstrom 7 year charge off

So one of of many charge off's in 2016 was Nordstrom for $7k

It was always held internally, I never negotiated or paid them a cent

As the exclusion date was approaching I tried EE several times with each bureau. In November it finally happened with TU, gone!

Today I received a 1099-C Cancellatiiin of Debt effective 11/15/22 reason code G "decision or policy to discontinue collection"
I feel it's absurd they sent this seven years later but plan to use this document to push EX and EQ to also delete the account. They have both refused a couple times and now won't even allow an online dispute unless I upload something  in support, which it seems I now have.


A cursory search seems to make the 1099-C mute as I can show I was insolvent at the time the debt went delinquent therefore won't pay taxes on this.


welcome thoughts on this situation THANKS

Message 1 of 3
Community Leader
Super Contributor

Re: TD Bank Nordstrom 7 year charge off

What is the actual DoFD? First 30 day late that led to a CO. Congrats on TU. EX is 3 months. EQ dont bother. Not sooner. 1099c is normal as they wrote it off. Might be a bit difficult to prove your point with the IRS. Unless you have your W2's from them. Too many disputes especially if it was too early they close the door.

Homeowner since Sept 2020. 2021 Explorer ST Chase 3.1%. Sharing my experiences after BK from learning here. Started 540's.
Message 2 of 3
Established Member

Re: TD Bank Nordstrom 7 year charge off

The DOFD was 05/2016

Even if they (EQ and EX) refuse to delete early the balance should be zero now not the monthly update of $7k or should that happen automatically on the next update?

Message 3 of 3
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