Posted on
May 7, 2008
at
5:40 am
Can anyone help me make sense out of why you would pay taxes on debt relieved in settlement when you were never allowed to write off debt interest on anything other than your home ? This seems kind of stupid. For that matter, why can't credit debt interest be written off ? That is alot of money being pumped out to the economy...........if you pay it that is.
Posted on
May 7, 2008
at
8:03 am
It is called the tax laws. Write your congress critter and demand a change.
Posted on
May 7, 2008
at
10:17 am
Not a logical law.........welcome back, hadn't seen any posts from you last couple of days.
Posted on
February 8, 2010
at
4:45 am
How does tax (the IRS) work with debt settlement you mean? And why?
Posted on
February 11, 2010
at
5:39 am
Debt settlement - how does this work?Credit counseling - how does this work?Bankruptcy - how does this work?Debt consolidation loans - how does this work?Balance transfer - how does this work?