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 stop debt collection calls during the settlement process?
What fees are associated with debt settlement?
What should I do if a creditor refuses to negotiate a debt settlement?
Are there any legal risks associated with debt settlement?
How quickly can I expect to see results from a debt settlement?
What is the difference between debt settlement and debt management?
What is the best way to negotiate a debt settlement?
What is the average time frame for debt settlement negotiations?
Is debt settlement reported to credit bureaus?

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