In re Reed
May
14
2013
Ruling
Filing of IRS Form 1099-C for cancellation of debt did not prohibit bank from filing claim against debtor.
Procedural posture
Debtors filed an objection to the claim of creditor bank, which sought seeking to recover $12,075.17, including $5,074.18 principal balance and interest due under a promissory note after foreclosure of the underlying real property, plus attorneys' fees and collection costs.
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Court
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