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

Related FAQs

How do I protect my credit score during a debt settlement?
What is a debt settlement plan and how does it work?
Should I use a debt settlement company or negotiate directly with my creditors?
How long does it take to complete a debt settlement?
Are there any tax implications of debt settlement?
Are there any ways to avoid paying for a debt settlement service?
Are there any discounts available for debt settlement?
What are my rights and options when it comes to settling debt?
Are there any alternatives to debt settlement?
Can a creditor challenge a debt settlement?

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