What is the difference between debt settlement and debt consolidation?

Related FAQs

How long does it take to complete a debt settlement?
What is an unsecured debt and how does it impact debt settlement?
What is a debt settlement plan and how does it work?
How do I find out the balance of my debt?
Is debt settlement a good way to reduce debt?
What are the guidelines for debt settlement under law?
What is the best way to document a debt settlement?
Is there any way to expedite the debt settlement process?
Does debt settlement hurt my chances of obtaining new credit?
What fees will I pay if I use a debt settlement company?

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