Can a Lender Pursue Debt Collection After a Charge Off and 1099-C Issuance?
Jimerson Firm
FEBRUARY 10, 2022
When account owners have an account that reflects a negative balance, the lender is faced with a myriad of options and obligations with regard to the pursuit of that debt. Charging Off” Uncollectable Debt. Credit Union , 2013 U.S. See Caplinger v. 1099-C Issuance. Old Nat’l Bank Corp., 2d 543, 545–46 (Ind.Ct.App.2005)
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