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Credit card debt discharged in bankruptcy is not taxable. In fact, debts discharged in bankruptcy are generally not taxable.
For answers to other common bankruptcy questions, please visit our site:
http://www.bankruptcyattorneytucson.com
The above is provided for informational purposes only. It is not intended as legal advice, and does not create an attorney-client relationship.
Can a charge off be removed from a credit report?
by Answerbag Staff on May 5th, 2010
| 1 person likes this
What is a charge-off date?
by Answerbag Staff on May 1st, 2010
| 1 person likes this
If a checking account is charged off with a balance owing (under $100), can or will the bank close any other accounts the customer may hold that are in a positive standing?
by ksliskevics on November 11th, 2008
| 3 people like this
What does charged off mean?
by Answerbag Staff on April 29th, 2010
| 1 person likes this
Do you have to pay a credit card charge off?
by mellb002 on August 10th, 2008
| 2 people like this
You're reading In ch 7 bankruptcy is discharged credit cards taxable as a charge off?
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