- Report: #654342
Report - Rebuttal - Arbitrate
Complaint Review: Citibank
Citibank701 E. 60TH STreet N Sioux Falls, South Dakota United States of America
Citibank Sends 1099C reporting cancelled debt in 2009 Sioux Falls, South Dakota
*Consumer Comment: Same Citibank Address regarding 1099C
*Consumer Suggestion: I have been trough this, here's what I found out
*Consumer Comment: Question
*Consumer Comment: go to
*Consumer Comment: advise
*Consumer Comment: You can 'Google' this- IRS LOSES CHALLENGE TO PROVE TAX LIABILITY, and read.....
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
I received a collection notice in June of 2009 from a collections company named Capitol Management Services . The notice I received claimed that I owed approximately $3,900 to Citibank. I immediately sent a letter to them disputing the debt and requesting verification of the debt. I never received any response.
Three days ago, I receive a 1099-C from Citibank South Dakota NA, showing a debt of the same amount which was supposidly forgiven on Aug. 20, 2009. This is exactly two months to the day from the collection letter.
My question is, how can they do this since they haven't even responded to my request for proof of the debt? I have searched in vain for info on guidelines which creditors and collection agencies must follow regarding this matter, with no success until finding this site.
Does anyone know how I can find out how to deal with this situation as I don't want to spend resources on a tax attorney if I can avoid it?
This report was posted on Ripoff Report on 10/23/2010 08:18 AM and is a permanent record located here: http://www.ripoffreport.com/r/Citibank/Sioux-Falls-South-Dakota-57104/Citibank-Sends-1099C-reporting-cancelled-debt-in-2009-Sioux-Falls-South-Dakota-654342. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.
Advertisers above have met our
strict standards for business conduct.