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

Related FAQs

How do I know if debt settlement is right for me?
What will happen to my credit score after a successful debt settlement?
Can creditors refuse to negotiate a debt settlement?
What is a “hardship program” and how can it help with debt settlement?
How do I find out the balance of my debt?
What is the best way to document a debt settlement?
Can I be sued while in the process of settling a debt?
What are my rights and options when it comes to settling debt?
Is debt settlement better than bankruptcy?
What happens if a debt settlement is not completed on time?

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