ECAST SETTLEMENT CORP 1099-C NEW YORK, New York

Thank you for the information.  Now my question is, Did it fix the IRS issue?

The IRS told me to call the Atty. General of NY, so you know there's a problem! Phone number is: 1-800-771-7755, everyone should do this because what they are doing is NOT legit. The company who you originally owed the money to is the only one that can 1099C you!!!!

No, I did not file for bankruptcy but your recommendation of sending ECAST a Debt Validation letter makes sense to me.  Thank you very much for your help.

If you have a bankruptcy it will be on PACER. You can get a copy of your entire file from PACER and in that file will be the debt for which you filed bankruptcy. (If you didn't file bankruptcy, than that is a different thing.) Contact E-cast in writing - send them a "Debt Validation" letter. E-cast will have to tell you who the original creditor is and how much the debt was when they purchased it. You can then compare with your bankruptcy petition to see if that debt is listed on the petition. If it is, then contact your tax professional to file the appropriate form with the IRS.

Thank you for your reply.  My problem is that I do not know which debt was cancelled and if it's been discharged.  

E-Cast Settlement Corp is a junk debt buyer that usually purchases debt that has been discharged in bankruptcy. If they have filed a 1099-C for the debt you have successfully discharged, then you don't owe taxes on it HOWEVER you have to file the proper form with the IRS. That's why I said contact a CPA. I believe the form is 982, but could have the wrong form number so check it out with a good tax professional (not a part time tax preparer). Read publication 4681 from the IRS site to get additional information. Good luck.