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Tag Archives: Old 1099

My Car Was Stolen and I Got a 1099 for the Amount Written Off. – Darrin

Big Bad Burglar

“Dear Steve, In 2005 I had a vehicle stolen. My insurance paid the “value of the vehicle” to the lender, however there was $1,000 not paid. After much back and forth with the insurance agency and the lender the lender decided to write off the debt. Now January 2013 I received a 1099 for the year 2012 from the lender ... Read More »

Can a Debt Collector Send a 1099-C on a Debt That Charged Off 5 Years Ago? – Regina

Help - Red Button

“Dear Steve, I defaulted on a credit card account in 2005. I was in a really bad situation. I didn’t even have enough money to eat, let alone pay this bill. I got calls about it for about a year. Then nothing. Occasionally I would get a letter or phone call, but that was it. Today I got a call ... Read More »

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