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

Related FAQs

Is there a minimum debt amount to qualify for debt settlement?
How does debt settlement impact my credit score?
What is a “hardship program” and how can it help with debt settlement?
Is debt settlement reported to credit bureaus?
How do I protect my credit score during a debt settlement?
Are there any services that can help me with a debt settlement?
Are there any alternatives to debt settlement?
Can I negotiate more than one debt settlement at once?
What are my rights and options when it comes to settling debt?
Who should I contact to settle my debt?

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