Debt Buyers' Ass'n v. Snow

Some debt collectors are threatening consumers with turning in a 1099-C to the IRS ostensibly under 26 USC 6050P and claiming that discharged debt is "income" to the consumer. Is that legal?
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David A. Szwak
Posts: 1974
Joined: Thu Jul 13, 2006 11:19 pm

Debt Buyers' Ass'n v. Snow

Post by David A. Szwak »

Debt Buyers' Ass'n v. Snow
Not Reported in F.Supp.2d, 2006 WL 598143
D.D.C.,2006.
January 30, 2006

MEMORANDUM OPINION


KOLLARKOTELLY, J.
*1 On January 19, 2006, Plaintiff, Debt Buyers' Association, filed with this Court both a Complaint and [3] Plaintiff Debt Buyers' Association's Motion for Temporary Restraining Order and/or Preliminary Injunction and Request for Expedited Hearing (“Plaintiff's Motion for Preliminary Injunctionâ€
David Szwak
Chairman, Consumer Protection Section, Louisiana State Bar Association
Bodenheimer, Jones & Szwak
509 Market Street, 7th Floor
Mid South Tower
Shreveport, Louisiana 71101
318-221-6444
Fax 318-221-6555
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