What are the risks of choosing to settle a debt?

Related FAQs

What is the best way to document a debt settlement?
What are the risks of choosing to settle a debt?
Do I need to hire a lawyer to negotiate a debt settlement?
What happens to the debt that’s been settled?
How will I know if a debt settlement offer is fair?
How can I make a debt settlement offer more attractive to creditors?
Is debt settlement a better solution than bankruptcy?
Are there any drawbacks to settling a debt?
When is it best to pursue debt settlement?
What is a deemed satisfaction and how does that apply to debt settlement?

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