What are the risks of choosing to settle a debt?

Related FAQs

Are there any legal risks associated with debt settlement?
What if I can’t pay the full amount of a debt settlement?
How do I know if debt settlement is right for me?
What documents do I need to provide during a debt settlement process?
What is the best way to document a debt settlement?
Is there any way to expedite the debt settlement process?
Can I negotiate multiple debts at once during the settlement process?
How can I ensure I don’t fall behind on payments during the settlement process?
What penalties or interest can creditors charge when settling debt?
Are there any drawbacks to settling a debt?

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