How does a creditor determine if a debt should be settled?
Related FAQs
How do I find out the balance of my debt?How can I ensure I don’t fall behind on payments during the settlement process?
Should I be wary of any companies offering “instant” debt settlement?
What should I do if a creditor refuses to delete negative credit items as part of a debt settlement agreement?
What should I do if a creditor refuses to negotiate a debt settlement?
Are there any tax consequences to debt settlement?
What is the average debt settlement amount?
Can I negotiate debt settlement with multiple creditors at once?
Can a creditor challenge a debt settlement?
Is debt settlement reported to credit bureaus?
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