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

Related FAQs

What are the risks of choosing to settle a debt?
What happens if I miss a payment on a debt settlement?
Can a creditor challenge a debt settlement?
How do I know if a debt settlement company is reputable?
How much money can I save by settling a debt?
What should I do if a creditor refuses to delete negative credit items as part of a debt settlement agreement?
Are there any services that can help me with a debt settlement?
What is the best way to negotiate a debt settlement?
What is a lump-sum debt settlement and how does it work?
Can I negotiate a debt settlement without the help of an attorney?

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