You will be fine as far as the IRS is concerned. If you do get a 1099-C or A just file a form 982 so you will not have to pay taxes on it.
Here is a link to the law;
http://turbotax.intuit.com/tax-tools...ship/5512.html
You will be fine as far as the IRS is concerned. If you do get a 1099-C or A just file a form 982 so you will not have to pay taxes on it.
Here is a link to the law;
http://turbotax.intuit.com/tax-tools...ship/5512.html