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

Related FAQs

What fees are associated with debt settlement?
What documents do I need to provide during a debt settlement process?
Does debt settlement hurt my chances of obtaining new credit?
Can I negotiate a debt settlement without a debt settlement company?
Are there any costs associated with a successful debt settlement?
Are there any potential risks if I choose not to settle my debts?
Are there any drawbacks to settling a debt?
Are there any legal risks associated with debt settlement?
Do I need to hire a lawyer to negotiate a debt settlement?
What happens to the debt that’s been settled?

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