Are there any tax consequences to debt settlement?

Related FAQs

How much money can I save by settling a debt?
How long will it take to settle a debt?
Can I negotiate multiple debts at once during the settlement process?
What should I do if a creditor refuses to negotiate a debt settlement?
Is there any way to expedite the debt settlement process?
When is it best to pursue debt settlement?
What are the risks of choosing to settle a debt?
Can I settle a debt if I’m unemployed?
Are there any costs associated with a successful debt settlement?
Are there any discounts available for debt settlement?

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