Are there any tax consequences to debt settlement?

Related FAQs

Does debt settlement hurt my chances of obtaining new credit?
Can a creditor challenge a debt settlement?
What should I do if a creditor refuses to negotiate a debt settlement?
How does a creditor determine if a debt should be settled?
How will I know if a debt settlement offer is fair?
Can I settle a debt if I’m unemployed?
Do I need to hire a lawyer to negotiate a debt settlement?
What is an unsecured debt and how does it impact debt settlement?
What is a debt settlement plan and how does it work?
Can I negotiate a debt settlement over the phone?

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