Are there any tax consequences to debt settlement?
Related FAQs
How does a creditor determine if a debt should be settled?Do I need to hire a lawyer to negotiate a debt settlement?
How do I report a debt settlement to the IRS?
What happens to the debt that’s been settled?
Can I negotiate more than one debt settlement at once?
What is the average debt settlement amount?
What fees are associated with debt settlement?
What is a deemed satisfaction and how does that apply to debt settlement?
Can I negotiate a debt settlement over the phone?
What are the guidelines for debt settlement under law?
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