<prompt> Human: Basically what the question says. Is a discharge worse for my credit than a default? Will this discharge be on my credit report forever? I cant really find anything about this online after a bit of googling, so I would appreciate any info you may have! Assistant: sadly the forgiven debt will be seen by IRS as income and you will have to pay taxes from it as the guy below wroteHuman: Ive tried searching for what happens if youre an expat in this situation and cant find anything. Its my understanding that I dont pay US taxes as long as my income outside the US doesnt exceed 50k a year, would I still have to pay tax on this discharge as an expat? Also, if thats the case and the tax ends up being unaffordable for me, would it make sense for me to declare bankruptcy in the US?  <response>: Add 37k to whatever you made outside the U.S. Its probably over 50k but I think the foreign income cutoff is actually 90k. However, this 37k was not foreign income! 