Where the statement that the debt settlement “may” have tax consequences was not misleading even when the debtor was insolvent, because the debtor could emerge from insolvency at any time before settling the debt.The 7th U.S. Circuit Court of Appeals affirmed decisions by U.S. Magistrate Judge William E. Duffin, Eastern District of Wisconsin and U.S. District Judge Nancy J. Rosenstengel, Southern District of Illinois.In January 2016, the Kohn Law Firm S.C., a collection firm in Milwaukee, sent Amy Dunbar a …