What is the difference between debt settlement and debt consolidation?

Related FAQs

Is there a minimum debt amount to qualify for debt settlement?
What is an unsecured debt and how does it impact debt settlement?
How do I find out the balance of my debt?
Are there any risks associated with using a debt settlement firm?
Are there any laws governing debt settlement?
Can a debt settlement company guarantee a successful settlement?
Are there any services that can help me with a debt settlement?
What is the best way to negotiate a debt settlement?
What is the best way to document a debt settlement?
Can I negotiate debt settlement with multiple creditors at once?

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