This subject of when you get a 1099 for bad debt has come up before and will continue to come up. The question is does that mean anything for credit reporting?

The Judge in Kentucky (Chief Judge Greg Stivers of W.D.KY) found that the motion to dismiss by Truist Bank should be denied.

If you are dealing with this issue, you might enjoy watching this video.

Thanks!

John

John G. Watts
Watts & Herring, LLC
Representing consumers across Alabama
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