Reading IRS 1099A (abandonment/acquisition of property) and 1099c Cancellation of debt.

I thought I'd read this out loud to see if it could penetrate... sometimes hearing it helps...I'm trying to figure out if the Patrick Devine ideology pertains to this with "us being the actual Creditors".. and "the bank, or car dealership..is the actual debtor" because they never gave us any money to purchase anything.. so if that is the case, then, I'm wondering why we would be cancelling the courts, banks debt? But checking box 5 would have them pay it back? (I really hate the duality and the hidden obfuscation.)
****I can see now if the ALL CAPS NAME is the debtor/surety...but then we living people as the creditor or assurity for "the surety' could cancel the debt as if one were a banker...foreign banker...now that I can see..

...I would think if I were to get anything back from filing those 1099a and 1099c that it only will come by filing a 1040 to claim them? The $999,999,999. is probably something one would not want to claim, but we can always correct the forms, but its a hassle if we have been taught to fill out these things wrongly, we need to really know what we are doing and make certain we know what their rules really mean and who they pertain to. What are your thoughts? please put them in the comment section.

Видео Reading IRS 1099A (abandonment/acquisition of property) and 1099c Cancellation of debt. канала ChaYah Shalom