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

Related FAQs

How do I know if a debt settlement company is reputable?
What if I can’t pay the full amount of a debt settlement?
What should I look for in a good debt settlement company?
Can I negotiate a lower interest rate as part of a debt settlement?
How do I know if debt settlement is right for me?
How can I monitor my progress during a debt settlement process?
Is debt settlement a better solution than bankruptcy?
Can I settle a debt if I’m unemployed?
Are there any costs associated with a successful debt settlement?
What is a lump-sum debt settlement and how does it work?

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