Is debt settlement better than bankruptcy?

Related FAQs

How do I report a debt settlement to the IRS?
How can I monitor my progress during a debt settlement process?
Is there a minimum debt amount to qualify for debt settlement?
What should I do if a creditor refuses to delete negative credit items as part of a debt settlement agreement?
Are there any drawbacks to settling a debt?
What happens if I can’t afford to settle the debt in full?
What is the best way to document a debt settlement?
What is the best way to negotiate a debt settlement?
Can I negotiate a reduced settlement amount?
How do I stop debt collection calls during the settlement process?

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