Legal Question in Credit and Debt Law in Texas

debt collections

I was contacted by a debt colloctor an i was told they were going to file a 1099 with the IRS. IF i payed them half of what i owed them they would condsider the debt payed in full they gave me 24hrs to come up with 3,000 dollars which i wouldn't pay. so my question is can they file with the IRS. if so what is going to happen they said they would freeze my tax refund an i will have to go to court. so i need to get a lawyer or file for bankruptcy?


Asked on 2/07/09, 4:42 pm

2 Answers from Attorneys
Donald McLeaish McLeaish&Associates;, P.C.

Re: debt collections

hire a lawyer..that is unfair and you may collect IF you have names/proof..is it in writin??no a 1099 only means the IRS 'may' consider it taxable income to you..

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Answered on 2/07/09, 8:26 pm
Donald McLeaish McLeaish&Associates;, P.C.

Re: debt collections

hire a lawyer..that is unfair and you may collect IF you have names/proof..is it in writin??no a 1099 only means the IRS 'may' consider it taxable income to you..

Read more
Answered on 2/07/09, 8:26 pm


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