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An IRS 1099-C Form Does Not Mean Debt Is Discharged - Yesner and Boss, P.L. Blog
A third circuit bankruptcy case recently decided that Form 1099-C does not establish that debt is discharged. A creditor typically issues a Form 1099-C to a debtor in bankruptcy...5 Common Myths and Facts about Credit Card Hardship Programs | Loan Mortgage Credit!
There are several potential downsides that are associated with the credit card hardship programs. So before that you rush to call your bank representative and ask them for new terms...