Friday, February 21, 2014

I had a home foreclosed on in 2011. I received a 1099c for 1/3 the amount of the home. The house recently sold and now the company is call a...

Question

I had a home foreclosed on in 2011. I received a 1099c for 1/3 the amount of the home. The house recently sold and now the company is call and asking for more than the amount on the 1099c. The house sold for 2/3 the amount of the home. What are my options? Can they sill demand payment after sending me the 1099c?



Answer

they can demand, not collect if u defend a lawsuit for the debt...but have u considered bankruptcy?



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