If you quit paying student loans for some reason, if they are forgiven or written off for any reason, the loan then becomes income in the eyes of the IRS. They are then going to expect their cut and they don't play nice. Don't ask me how I know...
If you quit paying student loans for some reason, if they are forgiven or written off for any reason, the loan then becomes income in the eyes of the IRS. They are then going to expect their cut and they don't play nice. Don't ask me how I know...
Debt forgiveness of this type is generally always recognized as income. The IRS won't be as forgiving...
Debt forgiveness of this type is generally always recognized as income. The IRS won't be as forgiving...
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