Are there any drawbacks to settling a debt?

Related FAQs

Can I negotiate a debt settlement over the phone?
Is debt settlement better than bankruptcy?
What fees are associated with debt settlement?
How do I stop debt collection calls during the settlement process?
What should I look for in a good debt settlement company?
Are there any laws governing debt settlement?
How much should I expect to pay for a debt settlement service?
Can I negotiate a debt settlement without the help of an attorney?
How can I learn more about debt settlement laws in my state?
How much money can I save by settling a debt?

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