I have an associate with a $20,000 charge off from Wells, and $6,000 from BOFA and Nations. What chance do they stand of ever getting credit?
What state- for Statute of limitations reasons? There is more leverage to remove this when the Sof L has passed
A question - on charge offs like this does the creditor (say a credit card) send the IRS a 1099 as income to the debtor?
