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

Related FAQs

What are my rights and options when it comes to settling debt?
What if the creditor refuses to settle the debt?
What should I do if a creditor refuses to delete negative credit items as part of a debt settlement agreement?
How long does it take to complete a debt settlement?
How do I make sure I receive a fair settlement from my creditors?
Should I use a debt settlement company or negotiate directly with my creditors?
Is debt settlement a good way to reduce debt?
When is it best to pursue debt settlement?
What happens if a debt settlement is not completed on time?
Do I need to hire a lawyer to negotiate a debt settlement?

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