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

Related FAQs

How can I ensure I don’t fall behind on payments during the settlement process?
What should I look for in a good debt settlement company?
Are there any risks associated with using a debt settlement firm?
How do I know if I have been approved for a debt settlement?
What is the difference between debt settlement and debt management?
How do I know if debt settlement is right for me?
Is debt settlement a better solution than bankruptcy?
How long will it take to settle a debt?
What is the process for appealing a denied debt settlement?
What are my rights and options when it comes to settling debt?

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