How does a creditor determine if a debt should be settled?

Related FAQs

Does debt settlement hurt my chances of obtaining new credit?
Is debt settlement a better solution than bankruptcy?
Should I be wary of any companies offering “instant” debt settlement?
What is the average debt settlement amount?
Can creditors refuse to negotiate a debt settlement?
Is debt settlement reported to credit bureaus?
Can I settle a debt if I’m unemployed?
What are my rights and options when it comes to settling debt?
How quickly can I expect to see results from a debt settlement?
Are there any drawbacks to settling a debt?

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