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Original Message:

Westgate Resorts Developer Services Department Affidavit stating you are NOT using an exit company (by Jessica W.):

You are AMAZING for sharing this! Normally I do my own taxes because it is straight forward. This year, if I get the paperwork done in time and receive the 1099-C I will be using a tax professional. It makes sense though. When people reduce debt paid on credit cards, they still keep the items they bought with the credit card. When cancelling a timeshare contract, nothing is kept by the borrower so they should not have to add that on as income. The timeshare is back with the lender for them to sell it to someone else! I am so glad that you posted this information! I know it doesn’t work 100% of the time, but i will give it a try and hope it works!