cbneedshelp Posted October 4, 2010 Report Share Posted October 4, 2010 Hi there, I was recently taken to court for a credit card debt (plaintiff is Mel Harris LLC) and ended up settling my case. Original cc amt was $500, plaintiff inflated that number to $1100 with court fees, but I settled for $500. Will I be issued a 1099 c tax form for this settlement? Not sure if this is considered a "partial forgiveness" of the amount.My settlement payments will end in February 2011. Thanks for your advice. Link to comment Share on other sites More sharing options...
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