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Hope Law Group Column

Dreaded 1099C -Forgiveness of Debt |
| News - Industry News |
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1099 C forgiveness of debt is really income to you in the year the debt was written off. WHAT? You bet. A creditor is required by law to issue a 1009 C to any individual that settles a debt or has a debt written off that is in excess of $600.  This is a very big [...]
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