What did Banco Popular report in the Form 480.6A – Income Not Subject to Withholding?

Banco Popular reported all debt discharge effective between January 1 and December 31, 2015 which was not the result of one of the following: (i) process of bankruptcy, or (ii) a modification of a mortgage loan guaranteed by a mortgage on debtor’s principal residence and which original balance did not exceed $1,000,000.

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