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

Related FAQs

Is there any way to expedite the debt settlement process?
How can I learn more about debt settlement laws in my state?
Can creditors refuse to negotiate a debt settlement?
Can I negotiate a lower principal balance as part of a debt settlement?
Is it possible to settle a debt for less than the amount owed?
How do I stop debt collection calls during the settlement process?
How long does it take to complete a debt settlement?
What is debt settlement law?
What are the guidelines for debt settlement under law?
What are the risks of choosing to settle a debt?

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