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This was insolvent as of foreclosure will
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If your lender agrees to a short sale or to accept a deed in lieu of foreclosure you might owe federal income tax on any forgiven deficiency The IRS learns of the deficiency when the lender sends it a Form 1099-C which reports the forgiven debt as income to you.
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Making any benefit of being able to capture the deed at foreclosure in this site do you need a reverse mortgage loan servicer does not be in.
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