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Discussion in 'Credit Talk' started by ShyGuy, Mar 6, 2001.
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again, not much incentive to settle debts.
It sure isn't taxable. In 1998, I got expert advice on this from my tax guy.
Actually, this made the difference in whether or not I continued trying to settle large accounts or just file a bk. Honestly, I'm now glad I did the Bk. Made better financial sense