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	<title>The Guide to Cancellation of Debt &#187; Cancellation of Debt &amp; Insolvency</title>
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	<link>http://cancellationofdebt.org</link>
	<description>Your Source For Cancellation of Debt Info</description>
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		<title>Mortgage Debt Cancellation and the Insolvency Exclusion</title>
		<link>http://cancellationofdebt.org/mortgage-debt-cancellation-and-the-insolvency-exclusion</link>
		<comments>http://cancellationofdebt.org/mortgage-debt-cancellation-and-the-insolvency-exclusion#comments</comments>
		<pubDate>Sun, 01 Aug 2010 00:15:36 +0000</pubDate>
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				<category><![CDATA[Cancellation of Debt & Insolvency]]></category>
		<category><![CDATA[Cancellation of Debt Income]]></category>
		<category><![CDATA[Cancellation of Debt Income Exclusions]]></category>
		<category><![CDATA[Cancellation of Debt On Rental or Investment Property]]></category>
		<category><![CDATA[Cancellation of Indebtedness]]></category>
		<category><![CDATA[Debt Forgiveness]]></category>
		<category><![CDATA[Forgiveness of Debt]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Insolvency Calculation]]></category>
		<category><![CDATA[debt cancellation]]></category>
		<category><![CDATA[mortgage debt]]></category>

		<guid isPermaLink="false">http://cancellationofdebt.org/?p=97</guid>
		<description><![CDATA[Considering the all the foreclosures and short sales, taxation of debt cancellation continues to be a significant issue.  There are many misconceptions regarding the tax consequences and still many concerned taxpayers.  The tax consequences can be severe, so people need to make sure that they are educated on the issue.
As a general rule, debt cancellation [...]]]></description>
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		<title>Cancellation of Debt &amp; Insolvency</title>
		<link>http://cancellationofdebt.org/cancellation-of-debt-insolvency</link>
		<comments>http://cancellationofdebt.org/cancellation-of-debt-insolvency#comments</comments>
		<pubDate>Wed, 08 Jul 2009 02:35:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cancellation of Debt & Insolvency]]></category>

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		<description><![CDATA[If a homeowner is not able to exclude all debt cancellation based on the Mortgage Forgiveness Debt Relief Act, there may be relief to them if they can prove they were insolvent.  You are insolvent when (and to the extent) your liabilities exceed the fair value of your assets. You must determine your liabilities and [...]]]></description>
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