Is debt settlement a good way to reduce debt?

Related FAQs

What should I do if a creditor refuses to negotiate a debt settlement?
Is there any way to expedite the debt settlement process?
What is an unsecured debt and how does it impact debt settlement?
What fees will I pay if I use a debt settlement company?
What happens to the debt that’s been settled?
What happens if a debt settlement is not completed on time?
How does a creditor determine if a debt should be settled?
What happens if I miss a payment on a debt settlement?
Can a debt settlement company guarantee a successful settlement?
What is the difference between debt negotiation and debt settlement?

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