Debt Settlement – How Taxes Are Affected By Forgiven Debt
So, the message is, relax about paying taxes on canceled debt balances
. That should be the least of your concerns if you're upside down financially. Don't let the misguided criticisms of financial writers (who haven't done their homework) discourage you from looking into one of the most popular and flexible options for achieving debt-freedom.
Debt Settlement How Taxes Are Affected By Forgiven Debt