Creditopics.com

Even if your credit cards are maxed out and you have a huge mortgage to pay off, you can still get rid of all your debt in about five to seven years - and begin rapid wealth-building - without sacrificing the things that matter most to you!

One Response

1. lepr0kan Says:
   September 21st, 2009 at 9:20 am 1

   Just remember settling debt rather than paying off in full will still reflect poorly on your credit report. Also the 1099-C is needed because you have to claim the remaining balance of the debt $1050 as income on your tax return.

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