Are there any tax implications of debt settlement?

Related FAQs

Are there any programs offering debt settlement help?
What is the best way to document a debt settlement?
What is the average debt settlement amount?
What should I do if I can’t agree on a settlement amount?
What happens if I can’t afford to settle the debt in full?
Are there any drawbacks to settling a debt?
How can I monitor my progress during a debt settlement process?
How do I make sure I receive a fair settlement from my creditors?
How will I know if a debt settlement offer is fair?
What happens to the debt that’s been settled?

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