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Question re: chapter 7 and 1099c

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    Question re: chapter 7 and 1099c

    I am concerned regarding our taxes for 2008. We filed Ch7 in Dec 2008 and are awaiting discharge. Does anyone know when you get the 1099c forms and if your Ch 7 gets discharged are you responsible to claim that as income or not since you are insolvent with the chapter 7. Also would this be for the year 2008 or would it all be done on 2009 since it is not officially discharged. Thank you to anyone for your input.

    #2
    You will not get a 1099 for discharged debts.

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      #3
      Thank you for your reply

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