Interest Groups

Avoiding Tax on Cancelled Debt - All Ways are Not Created Equally - Commercial & Bankruptcy Law News

Upcoming Events

{{#if events}}
{{#events}}

{{moment startDate format='dddd, MMMM DD - h:mm A'}}

{{{truncate title 75}}}
{{/events}}
{{/if}}

Recent News

{{#if blogEntries }}
{{#blogEntries }}

{{moment publishDate format='dddd, MMMM DD'}}

{{{truncate blogTitle 75}}}
{{/blogEntries }}
{{/if}}

Products & Services

Commercial & Bankruptcy Law News

Avoiding Tax on Cancelled Debt - All Ways are Not Created Equally

Posted on: Nov 24, 2014

If you want to avoid tax on cancelled debt, there is a right way to do so, according to this blog post. Check it out to read why "discharge in a case under Title 11" and "insolvency" are not equally effective ways to avoid including cancelled debt in taxable income.

DID YOU KNOW?

Indianapolis Bar Association (IndyBar) est. 1878 | 3,776 Members (as of 6.16.2026)

Connect With Us

Contact us for information on membership, events, sponsorship and more.

Get in Touch!

Email: iba@indybar.org

Phone: (317) 269-2000

140 N. Illinois St., Indianapolis, IN 46204

 

Lawyer Referral: indylawyerfinder.com

 

Contact Us
 

Visit IndyBarHQ
 

Find a Lawyer

 

Find Us On

©2018 Indianapolis Bar Association. All rights reserved. Use of this website constitutes acceptance of our Terms of Use and Privacy Policy. Read our IndyBar Listserv Guidelines.
 

IndyBar Review, Legal Line, Indy Lawyer Finder, and Ask a Lawyer are registered trademarks of the Indianapolis Bar Association.