My husband acquired a car with his ex wife and it was repo over 6 yr ago.I am married to him now and 6yrs later, we received an IRS noticed of deficiency wanting us to pay over $3,000 for a "cancellation of a debt" for $7,230!
How is that when they got the car back they are allow to report it to IRS as income for us and on top of it, ME, the new wife and my husband has to pay for it when it was "their" debt?I do understand when a "credit card" does that to you because you did spend ALL the money, but they did get their car back.
This reviewer shared experience about "payment" and wants this business to "take it out from irs records" as the author lost $7230. The author is overall dissatisfied with AmeriCredit. The most disappointing about americredit auto loan from AmeriCredit was i have been calling 407-875-8395 maitland, no answer back and let me hanging Reviewer wants customer support to reach out to him or her ASAP for further discussion of this matter.
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