Are there any tax implications of debt settlement?

Related FAQs

Can I be sued while in the process of settling a debt?
Are there any risks associated with using a debt settlement firm?
How do I stop debt collection calls during the settlement process?
What should I look for in a good debt settlement company?
What will happen to my credit score after a successful debt settlement?
Can I negotiate a debt settlement on my own?
Can creditors refuse to negotiate a debt settlement?
What is the average debt settlement amount?
How do I make sure I receive a fair settlement from my creditors?
Are there any laws governing debt settlement?

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