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

Related FAQs

Can I negotiate a debt settlement without the help of an attorney?
Should I be wary of any companies offering “instant” debt settlement?
What happens to the debt that’s been settled?
Is there a statute of limitations on debt settlement?
Are there any services that can help me with a debt settlement?
What should I look for in a good debt settlement company?
What penalties or interest can creditors charge when settling debt?
Are there any laws governing debt settlement?
Is debt settlement a better solution than bankruptcy?
Should I use a debt settlement company or negotiate directly with my creditors?

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