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Debt Destroy

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Member since: 9/20/2009
Last visisted: 9/21/2009
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zucchinibread

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How would you know if you are insolvent, then? What is the IRS's definition of insolvency?
i know for a fact that when i settle my debt, there's a certain portion of it that will be forgiven, but how will that appear on my credit report? and how's that going to appear on my tax return? been boggled about this issue with debt settlement and the IRS. i don't want to risk reporting somethin...
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