What would you like to do?

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?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .


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.
Thanks for the feedback!

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 ma

How long will bad debt credit cards stay on your credit report if you haven't made any payments on them and they have been in collections for over six years now?

Actually, the debt (as long as it isn't a bankruptcy or judgement) should be removed from your report 7 years from the date of delinquency. Many collection agencies will wait

While married and self-employed you filed joint tax returns with your now ex-husband who received tax credits for all the 5 years but you had a business so how do you get the tax credits split up?

Answer   If the refund was made out to both spouses then it belongs equally to both unless or until a court rules otherwise.   If the ex-husband forged the wife's sign

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

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

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

Is debt over 7 years old still collectible?

It depends on the Statute of Limitations for your state. If it is longer than 7 years, then it is still collectable although it may have fallen from your credit report. If the

Does a 17 year old file a tax return?

  Generally, they are claimed as a dependent and included with their parents.   However, if that isn't the case, and they made income, they would need and want to.  

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

Can collection agency collect on a 20 year old credit card debt?

If they got a court order within 7 years of you getting the debt then they can but the amount of time and money they would have to put into it would make it impractical to do

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 differ