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

Related FAQs

Are there any potential risks if I choose not to settle my debts?
Are there any risks associated with using a debt settlement firm?
What are the risks of choosing to settle a debt?
Can I negotiate multiple debts at once during the settlement process?
How much should I expect to pay for a debt settlement service?
Are there any programs offering debt settlement help?
What happens if I miss a payment on a debt settlement?
Can I negotiate a debt settlement over the phone?
What is a “hardship program” and how can it help with debt settlement?
Can I negotiate a reduced settlement amount?

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