Short Sale Debt Cancellation Set To Expire At The End Of 2012February 14, 2012 | Category: For Sellers, Short Sale | Tags: Mortgage Relief and Debt Forgiveness Act of 2007, reno short sale agent, reno short sale broker., reno short sale debt forgiveness, short sale debt reno, short sale deficiency judgment reno, sparks short sale agent Last call for the mortgage debt forgiveness cancellation set to expire at the end of 2012. Don't start your short sale too late and end up paying income taxes.