Debit cards can help you manage your budget without sacrificing the convenience of credit cards. But there are just some cases where you absolutely should not use debit for credit.
If you negotiate away credit card debt, it’s possible that the bank that cuts you a break will issue a form 1099-C, which reports the amount of debt it canceled and could force you to pay more taxes. If you receive such a form, it’s a good idea to look it over and make sure it’s accurate. If it’s not, you may have a battle on your hands.