Are there any legal requirements to debt settlement?

Related FAQs

Is there a minimum debt amount to qualify for debt settlement?
Is debt settlement a good way to reduce debt?
Do I need to hire a lawyer to negotiate a debt settlement?
What if the creditor refuses to settle the debt?
How do I know if a debt settlement company is legitimate?
Are there any legal risks associated with debt settlement?
How can I monitor my progress during a debt settlement process?
How do I know if I have been approved for a debt settlement?
Do I have to pay taxes on debt settled through negotiations?
Are there any discounts available for debt settlement?

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