I bought a house in 1998. In 2000, I had a chapter 7 bankruptcy and the loan was discharged under section 524 of the bankruptcy code. The house foreclosed – sherrif sale in feb 2011
Do I need to report anything on my 2011 federal or state (michigan) tax returns regarding the foreclosure. I did not receive a form 1099-C or any information at all from Bank Of America.
This is your chance to be a hero and help out this person by providing your feedback and answer to the question in the comments section below.