Kadaj asked: My dad is the primary user of the credit card. I have not use the credit card for almost two years. Now the card company is asking me to pay off balance. Am I liable for the balance?
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Credit card debt and 1099c forms. Once you file taxes will your credit card debt with company be gone?
Kee Kee asked: I recieved a 1099c form from a credit card company for a settled credit card debt. The amount is for $10,000. I only make $31,000 per year. Will I end up owing on taxes due to being in a different tax bracket?Will the debt finally be gone?