I get a debt cancellation in the mail, have questions

Submitted by Eugene on Sun, 02/06/2011 - 10:24
Forums

I was wondering if there is a way to find out if my other debts has been cancelled. I had 4 credit cards, and I threw away all mail regarding these cards, and I had only received this 1099c thing because my dad got the mail, I do not know if my other debts has been cancelled, and I just do not want to get audited by the IRS, and I made all 4 credit cards 3-4 years ago when I was 18-19.

With 1099c the debt may well have been forgiven, but you need to pay the taxes to the IRS.

Thu, 02/10/2011 - 07:01 Permalink