Reply to "Bankruptcy"

nazgulMember

if you decide not to go the small claim route, or if you go the small claim route and cannot collect the debt/judgment, you can still get some feel good revenge.

you can file an irs form that tells the irs that you forgave the debt, and that is taxable income to the debtor. so, if you can't get your money, at least uncle sqam will get some tax.

most recipients of irs form no. ???, ignore it, ha ha big mistake, nasty irs letters, interest and penalties follow.

sorry i do not offhand know the irs form number, but either a trip to the irs website or your cpa can provide it.

of course be careful if this is a debt owed to you as an individual, as i suspect you need to provide your ssn on the irs form, but perhaps there is a way around that, but i don't know it.

so if you can't collect..have some fun with the deadbeat

nazgul

9/16/087:01 PM

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