What are the risks of choosing to settle a debt?

Related FAQs

How does debt settlement impact my credit score?
What is the best way to negotiate a debt settlement?
When is it best to pursue debt settlement?
What is a lump-sum debt settlement and how does it work?
Is there any way to expedite the debt settlement process?
Is debt settlement reported to credit bureaus?
Are there any drawbacks to settling a debt?
When can I start making payments on my debt settlement?
Who should I contact to settle my debt?
Can I negotiate more than one debt settlement at once?

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