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Was the 1099-C received for debt that was discharged during bankruptcy
If the 1099-C is received for debt that was discharged in bankruptcy you should account for the amount on form 982
You will not owe tax on this amount
If a portion of your debt was forgiven, then the 1099-C is appropriate. You will fill out form 982 to showcase that this is not taxable debt forgiveness.
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For some reason, JustAnswer would not let me join the chat, and it's only now that I've seen your reply.
So I first need to sort out.. is this debt considered "forgiven", since I am still paying it and still have the property?