Recent content by warrior1

What is the name of your state (only U.S. law)? NJ My wife had premature baby in Sep 07. We had health insurance. We gave all information to the Hospital. We also notified our insurance agent regarding the new born. It appears that he never properly registered the new baby but after several...

Thank you. It was very helpful.

What is the name of your state?NJ I had several CCs and I stopped making any payments since Aug 2003. Now things are better and I am trying to repair my credit. Half a dozen cc filed lawsuite and I was able to settle with most of them with either a reduced lump sum or a monthly payment. One of...

need more clarification Does that mean the following for example: I was delinquent for $10000 to Citi Visa. Now citi visa is sending me 1099-c for $10000. Since I am not declaring bankruptcy, I have to 1. claim $10,000 as income on my tax return, 2. I just paid 8,000 to the plaintiff (citibank...

What is the name of your state? NJ How to handle when a credit card company send you IRS Form 1099 with charge off amount that need to be treated as income. Can I deduct any amount that I have paid to settle that debt with Law firm or CA.

I paid $3999 for the similar service for 12 CC. Got 12 Arbs in my favor (another 2400 cost). They all turned out to be useless. Now there are 9 lawsuites. Have negotiated 6 of them, 3 still pending with appx. 52k debt. My advise, begin negotiating before any judgement or go for bankruptcy.