My Mortgage Was Discharged in Bankruptcy. Do I Need to Report It on My Taxes? – Mary

From How to Get Out of Debt I bought a house in 1998. In 2000, I had a chapter 7 bankruptcy and the loan was discharged under section 524 of the bankruptcy code. The house foreclosed – sherrif sale in feb 2011 Do I need to report anything on my 2011 federal or state (michigan) tax returns regarding the foreclosure. I did [...] Read the full article at GetOutOfDebt.org, click here: My... [To view...