Thursday, January 31, 2019

Thursday, January 24, 2019

Form 1099-C and How to Avoid Taxes on Canceled Debt

IMG_20190124_215049_096

Did you know that the Internal Revenue Service considers forgiven debt a source of income, and have to pay taxes on that “income.” And if you’ve ever settled a debt for less or had debt forgiven entirely, you probably got a surprise in the mail come tax season: the dreaded Form 1099-C. Form 1099-C is the form you file to report debt-related income.



from Qwest Credit Enhancement Blog http://bit.ly/2Dviu6l
via IFTTT

Wednesday, January 23, 2019

Tuesday, January 22, 2019

Thursday, January 17, 2019

Equifax made me look like a deadbeat debtor, Byram woman says in lawsuit

Equifax, in duplicating two delinquent bills on a credit report, is making a Byram woman look like a deadbeat debtor, a lawsuit filed Thursday against the credit reporting giant says.

This July 21, 2012, photo shows Equifax Inc., offices in Atlanta. Credit monitoring company Equifax says a breach exposed social security numbers and other data from about 143 million Americans. The Atlanta-based company said Thursday, Sept. 7, 2017, that "criminals" exploited a U.S. website application to access files between mid-May and July of this year. (AP Photo/Mike Stewart)



from Qwest Credit Enhancement Blog http://bit.ly/2TWpu1O
via IFTTT

Tuesday, January 15, 2019

Thursday, January 10, 2019

Whistleblower lawsuit alleges Lennar’s Eagle Home Mortgage approved unqualified borrowers, misled feds

According to a lawsuit filed in November, Eagle Home Mortgage falsified borrower documents to increase the likelihood of approval, approved borrowers who were unqualified, and hid negative findings on audited loans from regulators.

courtroom_judge_trial



from Qwest Credit Enhancement Blog http://bit.ly/2QEczzc
via IFTTT

Wednesday, January 9, 2019

Tuesday, January 8, 2019

When Zombie Debt Collectors Chase Written-Off Debts

19885

Chances are that you have never heard the terms Zombie Debt or Zombie Debt Collectors. Neither had former United States Marine Lt. Charles Lay until the first week of October 2018, when he received this phone call:

“Superior Court calling, and we want to verify if you are going to be making your court hearing tomorrow at 8 a.m.”



from Qwest Credit Enhancement Blog http://bit.ly/2SNXY6x
via IFTTT

Thursday, January 3, 2019

Wednesday, January 2, 2019

Tuesday, January 1, 2019