What are the risks of choosing to settle a debt?

Related FAQs

What is the difference between debt settlement and debt consolidation?
How do I know if debt settlement is right for me?
How much money can I save by settling a debt?
Is debt settlement reported to credit bureaus?
Are there any costs associated with a successful debt settlement?
How does a creditor determine if a debt should be settled?
Are there any discounts available for debt settlement?
How do I know if a debt settlement company is legitimate?
How can I make a debt settlement offer more attractive to creditors?
Can I negotiate a debt settlement without a debt settlement company?

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