What are the risks of choosing to settle a debt?

Related FAQs

Are there any discounts available for debt settlement?
What is the difference between debt negotiation and debt settlement?
What is the best way to document a debt settlement?
Who should I contact to settle my debt?
Can creditors refuse to negotiate a debt settlement?
What fees are associated with debt settlement?
Can I negotiate a lower principal balance as part of a debt settlement?
What is the average debt settlement amount?
What are the potential consequences of a failed debt settlement?
What should I look for in a good debt settlement company?

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