What are the risks of choosing to settle a debt?

Related FAQs

How much should I expect to pay for a debt settlement service?
Are there any legal requirements to debt settlement?
How do I know if I have been approved for a debt settlement?
Is there a minimum debt amount to qualify for debt settlement?
What is a lump-sum debt settlement and how does it work?
Is it possible to settle a debt for less than the amount owed?
What should I look for in a good debt settlement company?
What is the average debt settlement amount?
Can I negotiate debt settlement with multiple creditors at once?
Do I need to hire a lawyer to negotiate a debt settlement?

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