Does negotiating money harmed my credit rating? Are there tax liabilities?

Does negotiating money harmed my credit rating? Are there tax liabilities?

A: it shall. After the settlement is finished, the charge card business shall report it into the credit reporting agencies, that will then create a notation in your credit history that that account had been paid by settlement. That’s planning to signal to future lenders which you left the guy that is last. That’s why, just like bankruptcy, debt negotiation can be an extreme option, one you ought ton’t simply simply take lightly. It is not only a straightforward, low priced option to expel financial obligation.

Are there tax liabilities? مطالعه بیشتر