If you have a 1099-C from a foreclosure and/or bankruptcy, TurboTax can not address your situation. You *NEED* to seek professional help for this, as no two bankruptcies or foreclosures are the same. The IRS has strict guidelines on this. So professional help is not a choice - it's a must unless you have no problem with paying taxes on the cancelled debt, or if you know for a fact you do not qualify for the forgiveness on the taxes.
