How do I report a debt settlement to the IRS?

Related FAQs

How can I ensure I don’t fall behind on payments during the settlement process?
What is an unsecured debt and how does it impact debt settlement?
Are there any costs associated with a successful debt settlement?
What is the difference between debt settlement and debt consolidation?
What are the potential consequences of a failed debt settlement?
How do I know if debt settlement is right for me?
How does a creditor determine if a debt should be settled?
What fees are associated with debt settlement?
How long will it take to settle a debt?
What should I do if I can’t agree on a settlement amount?

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