By Jeff Field | Published April 15, 2014 | Posted in Foreclosure | Tagged Tags: filing bankruptcy, Mortgage Debt Forgiveness Act | Leave a comment
Many people worry about the tax ramifications of canceled debt and foreclosures when they consider filing for bankruptcy, and rightly so. No one wants to get the “fresh start” bankruptcy affords just to be hit with massive taxes the following April. However, when you receive a discharge of your debts in bankruptcy, you do NOT Read More
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