What is the name of your state (only U.S. law)? OHIO
I am in process of a short sale...assuming congress does not extend the mortgage relief act...my forgiven debt will be taxable...if the short sale goes through..is it too late for bankruptcy? I will not be able to use the IRS insolvency because I have a 401k that will be considered an asset in their eye...not in bankruptcy. Thanks
I am in process of a short sale...assuming congress does not extend the mortgage relief act...my forgiven debt will be taxable...if the short sale goes through..is it too late for bankruptcy? I will not be able to use the IRS insolvency because I have a 401k that will be considered an asset in their eye...not in bankruptcy. Thanks