Comments on: Old Debt Settlements Can Come Back to Haunt with Large Tax Bite http://www.creditinfocenter.com/wordpress/2008/12/01/old-settlements-can-come-back-to-haunt-with-large-tax-bite/ For the Up To Date News Fri, 20 Nov 2009 15:08:53 -0700 http://wordpress.org/?v=abc hourly 1 By: mike farber http://www.creditinfocenter.com/wordpress/2008/12/01/old-settlements-can-come-back-to-haunt-with-large-tax-bite/comment-page-1/#comment-2736 mike farber Thu, 10 Sep 2009 01:09:32 +0000 http://www.creditinfocenter.com/wordpress/2008/12/01/old-settlements-can-come-back-to-haunt-with-large-tax-bite/#comment-2736 I don’t care when they issue a ‘tax bite’ on the ‘cancellation’ of an alleged credit card debt. If the debt is contested and the compay or junkee fails to follow federal law and properly Validate the debt, they should be held accountable for penalties; we should not acquiesce and pay a tax on a contested debt. I don’t care when they issue a ‘tax bite’ on the ‘cancellation’ of an alleged credit card debt. If the debt is contested and the compay or junkee fails to follow federal law and properly Validate the debt, they should be held accountable for penalties; we should not acquiesce and pay a tax on a contested debt.

]]> By: debt relief http://www.creditinfocenter.com/wordpress/2008/12/01/old-settlements-can-come-back-to-haunt-with-large-tax-bite/comment-page-1/#comment-1313 debt relief Mon, 01 Dec 2008 16:10:01 +0000 http://www.creditinfocenter.com/wordpress/2008/12/01/old-settlements-can-come-back-to-haunt-with-large-tax-bite/#comment-1313 Thank you so much for your post! You really hit the nail on the head with this one. With the economy the way it is right now with all the layoffs and more to come; government spending and deficit out of control; the continued housing slump; one wonders where to turn for help. It sure is nice to know that there are debt management companies out there that can help folks avoid bankruptcy and still keep their heads above water. Thanks so much for the taking the time to post this information. Thank you so much for your post! You really hit the nail on the head with this one. With the economy the way it is right now with all the layoffs and more to come; government spending and deficit out of control; the continued housing slump; one wonders where to turn for help. It sure is nice to know that there are debt management companies out there that can help folks avoid bankruptcy and still keep their heads above water. Thanks so much for the taking the time to post this information.

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