Chase 1099C

Chase 1099CChase 1099C
Williekek asked 4 years ago

Does anyone have any experience with Chase and the 1099C, cancelation of debt?

 

I was under the impression that the debt was canceled, I was issued a 1099C, and the balance should be reported as 0. I have disputed the account balance and was wondering what the results were or am I totally off base and the CR should say I have a balance……

 

I ask becuase my score just went down 90 points becuase Chase “closed” my account and I have yet to see the CR change though.  

 

Thanks

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