hadleykris
Returning Member

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Does the cycle ever end?  What if I get another 1099-c next year or the year after that?  is there a statute of limitations or anything similar?  There was not a large estate, the disbursements were quite small.  If we get another 1099-c in say 5 years, are the beneficiaries still liable?  Seems there should be some sort of cut-off.  I paid all the debt that I knew about, this came out of left field and I have no idea what else may be out there.