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

Related FAQs

How long does it take to complete a debt settlement?
What is a debt settlement plan and how does it work?
Are there any legal risks associated with debt settlement?
What will happen to my credit score after a successful debt settlement?
How do I stop debt collection calls during the settlement process?
Are there any programs offering debt settlement help?
Can I negotiate a debt settlement without the help of an attorney?
How do I make sure I receive a fair settlement from my creditors?
Can I be sued while in the process of settling a debt?
What happens if I can’t afford to settle the debt in full?

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