Deed in Lieu of Foreclosure vs. Short Sale in Cobb County, GA

If you've fallen behind on your mortgage in Cobb County, foreclosure isn't the only path forward, and it isn't the fastest exit either. A deed in lieu of foreclosure and a short sale both stop the foreclosure clock, but they work very differently, and a tax law change that took effect this year means the forgiven debt from each option can land on your 2026 return in very different ways.