What are the risks of choosing to settle a debt?

Related FAQs

How do I stop debt collection calls during the settlement process?
Are there any discounts available for debt settlement?
Is debt settlement better than bankruptcy?
What penalties or interest can creditors charge when settling debt?
What is debt settlement law?
What is the best way to document a debt settlement?
How do I know if debt settlement is right for me?
Can a creditor challenge a debt settlement?
How can I learn more about debt settlement laws in my state?
Should I be wary of any companies offering “instant” debt settlement?

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