What are the risks of choosing to settle a debt?

Related FAQs

Are there any drawbacks to settling a debt?
What fees will I pay if I use a debt settlement company?
How do I know if debt settlement is right for me?
Is there a minimum debt amount to qualify for debt settlement?
Are there any legal requirements to debt settlement?
Is there any way to expedite the debt settlement process?
Can I negotiate a lower principal balance as part of a debt settlement?
How can I learn more about debt settlement laws in my state?
What if I can’t pay the full amount of a debt settlement?
How do I know if a debt settlement company is legitimate?

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