CHASE/BANK ONE/Palisades Collection
Filed Fraudulent 1099-C with IRS on Alleged Account I've disputed for over 3 years

I received a 1099-C form today on an old Chase/Bank One account that has been in dispute and charged off for a period exceeding 3 years. The original alleged creditor failed to validate the debt as mine; provided ambiguous computer generated statements with part of my information.

I was the victim of identity theft in 2003 (wallet stolen out of my office) and received notification of this alleged debt later that year... With evidenced of unpaid statements without any purchases, etc. I asked for validation and provided them with a copy of the police report and they ignored it.

Several collectors attempted to collect and also failed to verify and validate the debt. I receive this today and assume I Can't provide the IRS with my documentation that I've been disputing this for over three years; assuming I must prove insolvency in order to be done with this mess.

Additionally, I am interested in suing this creditor and others who continue to harrass me as a result of this identity theft. Any advice on who I can contact to refute the 1099-C? I like the fact that the debt was cancelled... But I didn't make these charges... There was no income... The IRS needs to check this fraud out more seriously...

Company: CHASE/BANK ONE/Palisades Collection
Country: USA
State: Pennsylvania
City: Bethelehem
Address: 87 S. Commerce Way, Suite 700

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