What are the success rates of debt relief law?

In Kansas, debt relief law has seen mixed success rates. A study by the Center of Adolescent Studies found that consumers who sought debt relief-related services in Kansas had an overall success rate of 50%, with services such as debt settlement and debt consolidation both succeeding at the same rate. Another study conducted by the Kansas Economic and Budget Policy Center found that nearly half of those surveyed had some form of debt relief-related debt after one year of seeking services. This study found that, while debt was reduced in many cases, it often required multiple services to be successful. The success rates of debt relief laws in Kansas vary depending on the type of debt relief-related services that are sought out. Debt consolidation and settlement services are typically more successful, with an overall success rate of 50%. However, debt counseling services have a slightly lower success rate of 40%, due to the fact that it typically requires more effort to get creditors to agree to the measures. Overall, debt relief law in Kansas has had mixed success, depending on what kind of services are used. It is important for consumers to carefully research their options and to be sure they understand the terms and conditions of any agreements before signing. With careful consideration and research of the available options, debt relief law can be a successful tool for reducing debt.

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What are the success rates of debt relief law?

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