Will this effect your taxes? Or will you have to p

Will this effect your taxes? Or will you have to pay additional taxes due to a short payoff situation on credit cards?

3 Answers

Your query isn’t clear to us. Please give us more details that we can help you to solve your query.


Please give us more information. Are you speaking of debt settlement? If yes, then you'll have to pay a tax on the forgiven amount.


How does what work??  You need to give us more information....

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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