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Which of the following is generally excluded from cancellation of debt income without having to prove insolvency? Credit card principal from a personal expense. A
Which of the following is generally excluded from cancellation of debt income without having to prove insolvency?
Credit card principal from a personal expense.
A mortgage on a qualified principal residence that was secured by the residence.
A recourse loan with no pledged property as collateral.
Student loans that were canceled due to nonpayment.
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