Pennsylvania  |  Tax Law

Legal Question

Asked on: 6/28/13, 4:18 pm

I had a loan with CitiFinancial and I used my car as collateral, well I got a thing from the irs saying that they sent in paper work that is called cancellation of debt on the loan and I now have to pay taxes on that debt. My question is now that they cancelled my debt since my car was used as collateral does that my car is mine or is the cars theirs? Cause if it is mine they never sent me the title and how should I go about getting it

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

115 Answers given in the last few hours.

8662 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search