Archive for July 30th, 2010

If you walk away from a mortgage you don’t want any more, what are the consequences? I wrote about the moral and credit implications in a previous post. A reader emailed to ask about the federal tax implications. “In my state, the banks send a notice saying that you owe taxes on the unpaid debt,” [...]

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Jane Bryant Quinn is a nationally known commentator on personal finance, with books and columns read and trusted by millions.
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