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1099-C Defined: Handling Past Due Debt

1099-C Defined: Handling Past Due Debt

So you’ve accrued a bit of debt. It’s not the end of the world. Debt is stressful, overbearing and can build up quickly. When this happens, you may need to eliminate it altogether. In a situation when you need to cancel your debt completely, you would contact your creditor and they’d issue you form 1099-C, as […]

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Do Back Taxes Affect Your Credit Score?

Do Back Taxes Affect Your Credit Score?

Credit and taxes are both pretty high up there on the adult responsibility ladder. Putting them together kinda makes you want to hide under a rock. Don’t worry. You don’t need to know everything about credit (or taxes) in order to start taking steps in the right direction. You’ll learn what you need to along […]

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