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

Related FAQs

What is the difference between debt settlement and debt consolidation?
Are there any laws governing debt settlement?
Should I use a debt settlement company or negotiate directly with my creditors?
How can I learn more about debt settlement laws in my state?
Are there any alternatives to debt settlement?
Are there any risks associated with using a debt settlement firm?
What happens to the debt that’s been settled?
How do I stop debt collection calls during the settlement process?
What is a lump-sum debt settlement and how does it work?
Can I negotiate a debt settlement without a debt settlement company?

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