What is a 1099-C Cancellation of Debt form?
You’ll receive a 1099-C form if a lender cancels $600 or more of your taxable debt.
6 min read
Dec 05, 2024
Katherine Peach
EXPERTISE
- Personal finance
- Investing
- Debt management
EDUCATION
- University of Maryland, Baltimore County
Katherine Peach has been a personal finance writer since 2007, with a focus on investing, saving, budgeting, and paying off debt. However, she didn’t always intend to write about money — she graduated from the University of Maryland, Baltimore County with a degree in Ancient Studies. (Unearthing smart money ideas isn't such a bad career alternative to being an archaeologist!) In her spare time, she enjoys DJing, making miniature art, and spending time in the forest.
Katherine's latest articles
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The 5 most common types of bankruptcy
These are the five most common models of bankruptcy. Learn how they operate and who they’re good for.
6 min read Oct 24, 2024 -
What to do about a bank account levy
If a creditor taps your bank account, you have a few options to protect your money.
6 min read Oct 10, 2024 -
How to tell if debt settlement is a good idea for you
Debt settlement is a risky way to lower debt but could be a good last resort.
9 min read May 01, 2024