Are there any legal requirements to debt settlement?

Related FAQs

Is debt settlement a good way to reduce debt?
Are there any legal requirements to debt settlement?
What is the difference between debt settlement and debt consolidation?
Is there a minimum debt amount to qualify for debt settlement?
Can I negotiate a debt settlement on my own?
What penalties or interest can creditors charge when settling debt?
How do I make sure I receive a fair settlement from my creditors?
What is a “hardship program” and how can it help with debt settlement?
What is the process for appealing a denied debt settlement?
What is the average debt settlement amount?

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