I received 1099-c for a rental property that was due to debt reduction

2 Answers

Check out the forms and publications section of IRS website:

"http://www.irs.gov/formspubs/index.html?portlet=3"


It is onĀ  the IRS site...you will have to prove you are insolvent.

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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What is the sum of 8 and 3


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