I am facing a repo of a mobile home,the company says they will sell the trailer & of course I am still in debt for what will be left after sale.. the rep told me since they know I can't pay that either, that they will send a 1099 form to IRS showing whatever I still owe as earned income?? and I will prob owe taxes on @ 20,000 they fig they can only get @ 12.000 for a 33.000 debt.how can they report a debt as earned income... I can't pay taxes now.. dont know how id pay extra tax anyone know anything about this kind of tax stuff... thanks... angelmae