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Which statement correctly completes the following sentence about Discharge of Qualified Principal Residence Indebtedness (QPRI)? This type of discharge from debt __________. Can be defined

Which statement correctly completes the following sentence about Discharge of Qualified Principal Residence Indebtedness (QPRI)? This type of discharge from debt __________. Can be defined as the restructuring of a loan that allows the borrower to retain ownership of their home. Is available for a second home. Is not likely to trigger cancellation of debt income. Occurs when the bank takes the home from the borrower to satisfy the mortgage debt.

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