Are there any tax consequences to debt settlement?

Related FAQs

What is the difference between debt settlement and debt consolidation?
Is debt settlement a better solution than bankruptcy?
What are the risks of choosing to settle a debt?
Is there a minimum debt amount to qualify for debt settlement?
What happens if a debt settlement is not completed on time?
How can I learn more about debt settlement laws in my state?
Do I have to pay taxes on debt settled through negotiations?
Can I negotiate a debt settlement without a debt settlement company?
What documents do I need to provide during a debt settlement process?
When can I start making payments on my debt settlement?

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