Some do send the 1099. Some send them whether you settled or not. They do it when they write you off. However there are exceptions to it being included in income on your tax return. Bankruptcy and insolvency. Insolvency means you can't pay your bills with your income which is why you didn't pay them to start with. Just need to show that when doing your taxes. I forget where it goes on the tax forms.
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Today's Featured Article - Show Coverage: Central Illinois Strawberry Festival - by Cindy Ladage and Janna Seiz. Every year the coming of summer is highlighted by different events for different people. For some, it is heralded with the end of school, tilling the garden, or completion of the planting season. To us, connoisseurs of find food, antique tractors, farm toys, crafts, and downright fun, the annual Strawberry Festival means summer is here. Every year, in Carlinville, Illinois, the Macoupin County Historical Society and the Macoupin Agricultural Antique Association team up to fill th
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