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• California won't tax forgiven home debt

  I want to share this article with you taken from the Sacramento Bee California won’t tax forgiven home debt Governor Schwarzenegger on Monday signed SB 401 (Wolk) into law providing distressed homeowners with state tax exemption on debt forgiven Read More... Posted Thursday, April 15, 2010 3:49 PM by Elisa Uribe | 0 Comments Filed under: foreclosure debt, loan modificationion debt., california tax exemption, short sale debt