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

Related FAQs

How much money can I save by settling a debt?
Can I negotiate a debt settlement without a debt settlement company?
How do I know if I have been approved for a debt settlement?
Are there any tax implications of debt settlement?
Is it possible to settle a debt for less than the amount owed?
Are there any alternatives to debt settlement?
How do I report a debt settlement to the IRS?
Who should I contact to settle my debt?
What is the difference between debt settlement and debt management?
Can creditors refuse to negotiate a debt settlement?

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