Are there any potential risks if I choose not to settle my debts?
If you choose not to settle your debts in Nebraska, there are a few potential risks that you should be aware of. First, creditors may pursue legal action against you in an effort to collect the money you owe them. This could lead to wage garnishment, lien filing, or bank account seizure. Second, you may be charged additional fees, such as late fees, collection fees, or even court costs if your debt goes to court. Third, if the debt is left unpaid for a long period of time, it could be sold to a third-party collection agency, which could make it even harder to get your debt resolved. Fourth, your credit score could also suffer, which could make it harder for you to borrow money in the future. Finally, the longer the debt goes unpaid, the more likely it is that you will face a civil lawsuit. All of these potential risks should be taken into consideration if you choose not to settle your debts.
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