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iJas

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  1. iJas

    Score drop

    I’ve done great over the past 2 years and ALL negative items are gone. Only downsides right now are inquiries and age of credit. I went from 5% to 4% usage and Credit karma and all the like free scores say my score dropped 45-50 points. The usage was the only difference. I know these apps and such aren’t 100% accurate but I am building a house and my score was around 730 now 680s. How can I be certain my score is high when time comes to lock in my mortgage rate? Sent from my iPhone using Tapatalk
  2. I'm calling a creditor for an account with last activity in 2010. They want to update my address. Will that be bad for my credit report, and the time that account would fall off my report. Sent from my SAMSUNG-SM-G935A using Tapatalk
  3. iJas

    1099c charge off

    Gonna contact a couple CPA's for rates. Now I'm wondering if I can amend 2013 returns I had a 1099c I paid like 1800$ in taxes on. And I was worse off then, than I am now. Sent from my SAMSUNG-SM-N900A using Tapatalk
  4. iJas

    1099c charge off

    Total up all your outstanding debts. Total up all your assets. Use "fire sale" prices for your personal property, like computers, books, furniture, etc. and wholesale value for your vehicles. If your debts exceed your assets, then you are insolvent under IRS rules, and can have all or part of the 1099-C income excluded from your taxable income. It works. I've used it before. Good luck! found this website makes it super easy for calculators. http://arkcalculators.com/ anyway. I think that i may be able to get some of this "forgiven"
  5. iJas

    1099c charge off

    And this would have helped me several years ago when I had a school loan charged off Sent from my SAMSUNG-SM-N900A using Tapatalk
  6. iJas

    1099c charge off

    Total up all your outstanding debts. Total up all your assets. Use "fire sale" prices for your personal property, like computers, books, furniture, etc. and wholesale value for your vehicles. If your debts exceed your assets, then you are insolvent under IRS rules, and can have all or part of the 1099-C income excluded from your taxable income. It works. I've used it before. Good luck! Does this include stuff already charged off? And is it just for me or my wifes debt and my debts? Sent from my SAMSUNG-SM-N900A using Tapatalk
  7. iJas

    1099c charge off

    I have no major assets. I rent, I own 1 car, loan on the other. Then whatevers in the house. Sent from my SAMSUNG-SM-N900A using Tapatalk
  8. iJas

    1099c charge off

    Doesn't look like I'm excluded for any reason Sent from my SAMSUNG-SM-N900A using Tapatalk
  9. iJas

    1099c charge off

    I used the funds of the cc. But I'll research a little more Sent from my SAMSUNG-SM-N900A using Tapatalk
  10. Just when you think your getting a good tax return you get a 1099c charge off in the mail for 5800$ sucks. It was for a business credit card I had 6 years ago stopped paying it. It was never on my credit, only the business credit, but I was the guarantor on it. Anyway around not claiming this? Sent from my SAMSUNG-SM-N900A using Tapatalk
  11. So i went to get a pre-approval. Ive disputed a lot seen some changes in my report for the better. I still have a few charge off accounts and this is severely affecting my mortgage scores apparently. Last reported was 2010/2011 SO do I try to settle these charge offs for deletion, or let them drop off and rent for another 2 years?
  12. At the time I wasn't making nearly enough to pay those bills. I was robbing Peter to pay Paul basically and slowly falling behind. Some accts were in good standing still. They said I make enough to pay my utilities n put food on the table. The suggested I stop paying all my credit cards and not worry about them. That's what I did. It was a huge relief at the time. Now I'm 5 years past that point trying to buy a house basically and dealing with several charge off accounts, and house buying won't happen until they get solved. Sent from my SAMSUNG-SM-N900A using Tapatalk
  13. I too followed the advice of dave ramseys financial counselors and stopped paying all my credit cards. while i've been living primarily debt free. not paying those cards have screwed me since 2010.
  14. I disputed a medical bill it's now showing closed not removed. This account should be removed though. Sent from my SAMSUNG-SM-N900A using Tapatalk
  15. I'm in fl. I'm guessing your in tampa one installment 1 revolving Sent from my SAMSUNG-SM-N900A using Tapatalk

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