I lost my car to a payday loan. Can I deduct that on my taxes? - Loan Modification - Free Foreclosure Help

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10-17-2008, 05:47 AM

ReggieRHillJr ReggieRHillJr is offline

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Join Date: Oct 2008

Posts: 1

I lost my car to a payday loan. Can I deduct that on my taxes?

I live in Hawaii.
I couldn't repay my payday loan so the company took my car instead.
Can I deduct this loss on my income taxes?

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