Are there any tax consequences to debt settlement?
Related FAQs
Can I settle a debt if I’m unemployed?How can I make a debt settlement offer more attractive to creditors?
How do I protect my credit score during a debt settlement?
Are there any legal requirements to debt settlement?
What is a “hardship program” and how can it help with debt settlement?
Can I negotiate a debt settlement over the phone?
Are there any drawbacks to settling a debt?
Do I have to pay taxes on debt settled through negotiations?
Should I be wary of any companies offering “instant” debt settlement?
Can I negotiate a lower principal balance as part of a debt settlement?
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