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Is there an established limit to how long after a debt has gone delinquent that a company can file a 1099C?
We had a vehicle voluntarily repossessed in Nov 2007. They filed a 1099C in 2016. I don't understand why they are able to submit this debt this much later. Is there a clear precedent for this? An established length of time in which this can be filed?
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‎June 4, 2019
1:03 PM