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ID #1018

What is the effect on my taxes?

Creditors may send you a 1099 for the amount you save through successfully negotiated settlements. Unless you qualify for an exemption,  you may have to claim the savings as income.  We cannot offer tax or legal advice.  For tax advice, you should speak to a tax professional.

Tags: taxes, accounting

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Comment of TwHCmwbeTRfeygSw:
Last one to utlizie this is a rotten egg!
Added at: 2011-08-12 13:36