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

Related FAQs

What should I do if a creditor refuses to delete negative credit items as part of a debt settlement agreement?
When is it best to pursue debt settlement?
What will happen to my credit score after a successful debt settlement?
Can I settle a debt if I’m unemployed?
Is there a minimum debt amount to qualify for debt settlement?
Are there any discounts available for debt settlement?
Are there any alternatives to debt settlement?
How does debt settlement impact my credit score?
What happens if I can’t afford to settle the debt in full?
Can a creditor challenge a debt settlement?

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