Are there any tax consequences to debt settlement?
Related FAQs
When is it best to pursue debt settlement?What are the guidelines for debt settlement under law?
How do I report a debt settlement to the IRS?
Can I negotiate a reduced settlement amount?
What penalties or interest can creditors charge when settling debt?
What is the difference between debt negotiation and debt settlement?
What is a “hardship program” and how can it help with debt settlement?
What if the creditor refuses to settle the debt?
What are my rights and options when it comes to settling debt?
What are the risks of choosing to settle a debt?
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