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

Related FAQs

Is there any way to expedite the debt settlement process?
What should I do if a creditor refuses to negotiate a debt settlement?
Should I use a debt settlement company or negotiate directly with my creditors?
What is a deemed satisfaction and how does that apply to debt settlement?
What should I do if I can’t agree on a settlement amount?
Is debt settlement better than bankruptcy?
What fees are associated with debt settlement?
Are there any costs associated with a successful debt settlement?
When can I start making payments on my debt settlement?
What should I do if a creditor refuses to delete negative credit items as part of a debt settlement agreement?

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