Consumer reviews and reports on scam companies, bad products and services
Capital One Bank
CAPITAL ONE BANK ,USA),N.A. Cancellation of Debt Salt Lake City, Utah
27th of Jan, 2011 by
Debt Statue of Limitations in AZ is 3 years for Open-ended Accounts. I've been totally disabled for over 7-years and they are sending me a Cancellation of Debt statement Form 1099-C to file with my taxes. I think this is totally unprofessional for those of us that don't have income or the means to pay. For over, 5 years I have used a service to handle this problem. And all other debtors have released me from these debts. So, I don't know why they are trying to beat a 'dead horse'. The file no is: 5291151444432643

Comments
5085 days ago by NothingSurprisesMeAnymore
Good advice. I am going to visit my tax professional/accountant today to see about this. My 1099-C was issued on 12/31/2010 for a card that was last used in 2001. I have to call Capital One and see when the charge off date was. It is sad I am still dealing with this 10 years down the road. Only reason they sent it to me is that I finally showed up in public records...they found me...so now they feel they can drag this out of the distant past and make me pay for what I did back in 2001! Unbelievable. The amount is 9, 800.

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