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

Related FAQs

Can I be sued while in the process of settling a debt?
Can a debt settlement company guarantee a successful settlement?
What should I do if I can’t agree on a settlement amount?
What are my rights and options when it comes to settling debt?
Is there a minimum debt amount to qualify for debt settlement?
What is a “hardship program” and how can it help with debt settlement?
Who should I contact to settle my debt?
What should I do if a creditor refuses to negotiate a debt settlement?
When can I start making payments on my debt settlement?
Can I negotiate a debt settlement without the help of an attorney?

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