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I am self employed Can a collection agency file a 1099 and garnish your tax return if the debt is over six years old and the debtor has been in Ohio for six years?

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A collection agency has no legal powers. Some agencies are collection attorneys who can file lawsuits. Regardless, no one can seize another person's property without due process according to the persons state of residency laws. In other words they have to take you to court, win a judgment, execute the judgment, this takes a considerable amount of time. The exception is child support and/or spousal maintenance, or a court order that was already in place.
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Can a collection agency attempt to collect on a debt that is almost 10 years old?

Yes, with 10 years interest. What about statute of limitations? Well, they can sure TRY, but I wouldn't worry about it too much. And if it becomes a case of where they are h

If it's been over 7 years should you pay off an old credit card debt from a collection agency or just let it go?

I was told this by a lawyer. If you have an old debt that is older than a couple of years "DON'T PAY IT". Don't even talk to debt collectors and if you do never promise to mak

What recourse does a collection agency have on a debt that is twelve years old?

This is the SOL, ( statute of limitations for State Oral Agreements, Written Contracts, Promissory Notes, and Open Accounts.And the years they are still able to collect.Alabam

If a judgment has been made against a debtor and the debt is turned over to a collection agency is the agency able to garnish wages without taking the debtor to court?

If a judgment is in place the judgment holder can execute it under the provisions of the law of the debtor's state. It would not be necessary for the creditor to transfer the

Can a collection agency garnish your wages on a debt that is 11 years old?

All US states have a statute of limitations concerning the collection of debts.. The longest SOL is 6 years, that being the case it is unlikely that the court would allow a c

Can a collection agency collect on a debt that is 10 years old?

Depends on your states statute of limitations. If your state has a 7 year statute than no it can not. But they will try. If statute is not up yet but close to being up then yo

Can a 9 year old debt be garnished by a collection company if you filed chapter 13 9 years ago and paid that same debt?

The answer is: Legally no...but! If you do note take specific steps to inform the collection agency that the debt was discharged in bankruptcy, they will move forward as if

Can a lawyer hired by a collection agency garnish you wages or put a lean on your house on a debt over 10years old even if you stopped paying on it 1 year ago?

Yes first they have to get a judgment against you but the fact that it is over 10 years old is irrelevant It is your last payment that keeps the statute of limitations going a

If self employed last year and had no sales or tax withheld ie inactive do you still have to file a Schedule C with your Federal tax return and for tax purposes are you still considered self employed?

Your self employed as you said you are. You just need to show at what...and it was done in hope of profit, although maybe not making any (yet), and not as a hobby. (Any employ

Do you need to file old tax for a year I show a lost and had no income as self-employed?

You can file as a schedule C and there may be benefits to you for filing the losses and business deductions. But after about 3 years of loss, the IRS would like you to file th
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A student loan has been in default will collection agency still garnish tax return?

If it was a federal student loan, then yes, the collections agency could take your income tax return money. If it was a non-federal loan, then they would not be able. Secondly

Can bank account be garnished if filed by collection agency rather than original debtor?

Yes, it can be garnished by a collection agency (CA). What happens is that the original credit sells the debt to the CA. Then the CA owns the debt. The CA tries to collect fro

Do you have to file taxes this year if you were self employed and will you get in trouble you i file for this year with next years?

Yes you can file but not for next years benefits because the irs doesnt know if you are still going to be imployed ans First self employed, not employed, etc makes no