Bankruptcy isn't the only solution you have for your overwhelming debt. While the road to financial recovery could be bankruptcy in certain situations, you should carefullyconsider the other optionsand strategies available before making a decision. Learn about your debt relief options and start tackli...
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Cancellation of debt income (CODI) exclusion for student debt. Generally, debt that’s cancelled or forgiven is treated as taxable income to the debtor in the year of cancellation or forgiveness. The proposal includes a new provision that would make permanent the income current exclusi...