The debt is from my wife (or will be in less than 2 weeks). She made some mistakes back in her college years, and when you marry the person...you marry the debt.
We were paying in full, but I hear all these people (not you guys) saying "oh you know that you can settle for just a fraction of the total debt". I had no idea that the difference was taxed as income. I will definitely tell them that the next time settlements come up, because I have gotten funny looks for saying I wanted to pay it just because we should.
