How do I report a debt settlement to the IRS?
Related FAQs
What happens if I can’t afford to settle the debt in full?What is a deemed satisfaction and how does that apply to debt settlement?
What if the creditor refuses to settle the debt?
What is the difference between debt negotiation and debt settlement?
What should I look for in a good debt settlement company?
Is debt settlement reported to credit bureaus?
Can I negotiate a debt settlement on my own?
What are the potential consequences of a failed debt settlement?
Can I negotiate a lower interest rate as part of a debt settlement?
Is it possible to settle a debt for less than the amount owed?
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