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Tag Archives: Debt Forgiveness

Debt Forgiveness Can Have Tax Penalties

By David Toback |

When many people owe debt, they may have little financial option other than to negotiate the debt down to a manageable, payable amount. Sometimes this can include negotiating a waiver, forgiveness, or reduction of the debt. In the short term, the ability to pay off a debt for less than its full amount seems… Read More »

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