I received two 1099-c forms one that is in my name, and one in the business name in which I did not own but was a participant in using the name to sell items. The business owner is deceased since 2008, and the business folded at that time. How do I file this, or should I even file this since it was tied to the business? It is for the same cancelled debt, nearly $20,000.00.
I did not file bankruptcy, but I was considering it shortly before I received these in the mail. Can I still file bankruptcy if I have to claim this? Would I have an option to make payments for taxes owned, and how would I go about that?
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