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

Related FAQs

Can I negotiate more than one debt settlement at once?
Should I be wary of any companies offering “instant” debt settlement?
How will I know if a debt settlement offer is fair?
Are there any legal risks associated with debt settlement?
Are there any services that can help me with a debt settlement?
What will happen to my credit score after a successful debt settlement?
How long does it take to complete a debt settlement?
What happens if a debt settlement is not completed on time?
What is an unsecured debt and how does it impact debt settlement?
Does debt settlement hurt my chances of obtaining new credit?

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