Are there any drawbacks to settling a debt?

Related FAQs

How do I know if debt settlement is right for me?
Do I need to hire a lawyer to negotiate a debt settlement?
What should I look for in a good debt settlement company?
What happens if a debt settlement is not completed on time?
When can I start making payments on my debt settlement?
What fees are associated with debt settlement?
When is it best to pursue debt settlement?
Can a debt settlement company guarantee a successful settlement?
Is debt settlement a good way to reduce debt?
How do I know if a debt settlement company is legitimate?

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