Are there any tax consequences to debt settlement?

Related FAQs

What is a “hardship program” and how can it help with debt settlement?
Can I negotiate a reduced settlement amount?
What are the guidelines for debt settlement under law?
What is an unsecured debt and how does it impact debt settlement?
What are the risks of choosing to settle a debt?
What if I can’t pay the full amount of a debt settlement?
How does debt settlement impact my credit score?
How can I ensure I don’t fall behind on payments during the settlement process?
What should I look for in a good debt settlement company?
Can I negotiate a lower principal balance as part of a debt settlement?

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