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1099-C in the mail? Read the following article:

| Feb 29, 2012 | Chapter 13 Bankruptcy, Chapter 7 |

1099-C In the Mail? How to Avoid Taxes on Cancelled Debt (via Credit.com)

If it’s been a rough couple of years for you, you’re not alone. Maybe your income was cut, you lost your job, or you had large expenses like medical bills. You may have fallen behind on bills, fielded collection calls and managed to settle some of your debts for less than the full balance you owed…

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