Are there any tax implications of debt settlement?

Related FAQs

Are there any drawbacks to settling a debt?
What are the potential consequences of a failed debt settlement?
Can a debt settlement company guarantee a successful settlement?
What are the risks of choosing to settle a debt?
What if I can’t pay the full amount of a debt settlement?
Do I need to hire a lawyer to negotiate a debt settlement?
Can I settle a debt if I’m unemployed?
How do I stop debt collection calls during the settlement process?
What are my rights and options when it comes to settling debt?
Can I negotiate multiple debts at once during the settlement process?

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