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

Related FAQs

What should I look for in a good debt settlement company?
What is a debt settlement plan and how does it work?
How do I report a debt settlement to the IRS?
How long does it take to complete a debt settlement?
When is it best to pursue debt settlement?
Do I need to hire a lawyer to negotiate a debt settlement?
Is there any way to expedite the debt settlement process?
How quickly can I expect to see results from a debt settlement?
What fees are associated with debt settlement?
What should I do if I can’t agree on a settlement amount?

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