This is so true, Ive experienced it in my auditing work. - TopicsExpress

This is so true, Ive experienced it in my auditing work. Homeowners receive a 1099 for forgiveness of debt and the forgiveness counts toward the settlement agreement - can you say double dipping? Also the banks are taking credits for forgiveness in homeowner bankruptcy proceedings where the unsecured debt seconds would have been cancelled anyway. Why cant our government even write a settlement without loopholes the size of Texas in it?

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rap : i still dont understand the reason y i wuld lay down and die