No, you will not get in trouble for not filing both of the 1099-C forms that you received.
As DianneW777 explained above, you should only file one (1) 1099-C thru the business (S-Corp). You should get a K-1 with this information (which gets included on your personal tax return).
I would assume that you received two 1099-C forms because you are the principal owner of the S-Corp (one for the business & the second addressed to you).
Just be sure to, keep all of the documentation associated with this debt should the IRS ask questions in the future.
[Edited 2/26/25 | 8:28am PST]
@Mslabubu
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