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

Related FAQs

How quickly can I expect to see results from a debt settlement?
What if the creditor refuses to settle the debt?
Can a creditor challenge a debt settlement?
Is there a minimum debt amount to qualify for debt settlement?
What documents do I need to provide during a debt settlement process?
How do I protect my credit score during a debt settlement?
Are there any ways to avoid paying for a debt settlement service?
How will I know if a debt settlement offer is fair?
How can I ensure I don’t fall behind on payments during the settlement process?
Who should I contact to settle my debt?

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