What are the risks of choosing to settle a debt?

Related FAQs

Can I negotiate multiple debts at once during the settlement process?
When is it best to pursue debt settlement?
Should I be wary of any companies offering “instant” debt settlement?
Are there any ways to avoid paying for a debt settlement service?
What happens if I miss a payment on a debt settlement?
Can I negotiate a lower interest rate as part of a debt settlement?
How will I know if a debt settlement offer is fair?
Are there any risks associated with using a debt settlement firm?
Can I negotiate a reduced settlement amount?
Can I negotiate a debt settlement over the phone?

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