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

Related FAQs

What penalties or interest can creditors charge when settling debt?
What if the creditor refuses to settle the debt?
What is the difference between debt negotiation and debt settlement?
Can a creditor challenge a debt settlement?
Can I negotiate a debt settlement without a debt settlement company?
What is the process for appealing a denied debt settlement?
Are there any alternatives to debt settlement?
When can I start making payments on my debt settlement?
What is the difference between debt settlement and debt management?
Can I negotiate more than one debt settlement at once?

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