Do I have to pay taxes on debt settled through negotiations?

Related FAQs

Is debt settlement better than bankruptcy?
Is there any way to expedite the debt settlement process?
How do I know if a debt settlement company is reputable?
Are there any laws governing debt settlement?
Can a debt settlement company guarantee a successful settlement?
How do I report a debt settlement to the IRS?
What is a debt settlement plan and how does it work?
What is the difference between debt settlement and debt consolidation?
How do I find out the balance of my debt?
What should I do if a creditor refuses to negotiate a debt settlement?

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