How do I report a debt settlement to the IRS?

Related FAQs

How do I make sure I receive a fair settlement from my creditors?
What are my rights and options when it comes to settling debt?
What penalties or interest can creditors charge when settling debt?
Are there any ways to avoid paying for a debt settlement service?
Does debt settlement hurt my chances of obtaining new credit?
What should I do if a creditor refuses to negotiate a debt settlement?
Can a debt settlement company guarantee a successful settlement?
Are there any legal risks associated with debt settlement?
What if the creditor refuses to settle the debt?
Can I negotiate a debt settlement without the help of an attorney?

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