Are there any tax consequences to debt settlement?

Related FAQs

When is it best to pursue debt settlement?
Can I negotiate a reduced settlement amount?
What if the creditor refuses to settle the debt?
Is there a statute of limitations on debt settlement?
Is there any way to expedite the debt settlement process?
How will I know if a debt settlement offer is fair?
Can I negotiate a debt settlement on my own?
What is an unsecured debt and how does it impact debt settlement?
What happens if I miss a payment on a debt settlement?
How do I know if debt settlement is right for me?

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