Unpaid USA credit card - I am now living overseas

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Unpaid USA credit card - I am now living overseas

Postby gigant1972 » Fri May 29, 2015 10:06 am


My partner left the United States in 2013 because of a family emergency with a $2,500.00 balance on her American Express card.

Due to family issues she was unable to go back to the USA and in the meantime my green card expired.

I wonder what happened to her unpaid credit card debit? I know forgiven amounts by credit card companies are taxable (a form #1099-C is sent to the debitor and must be reported on taxes)

Should she worry to owe the IRS some taxes? Can credit card settlements happens without the defendant being physically in the USA?

pls advise


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