What is the difference between debt settlement and debt consolidation?

Related FAQs

When is it best to pursue debt settlement?
Does debt settlement hurt my chances of obtaining new credit?
Are there any tax consequences to debt settlement?
What is debt settlement law?
Are there any risks associated with using a debt settlement firm?
Are there any ways to avoid paying for a debt settlement service?
Are there any legal risks associated with debt settlement?
Can a creditor challenge a debt settlement?
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How can I monitor my progress during a debt settlement process?

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