Are there any drawbacks to settling a debt?
Related FAQs
Are there any costs associated with a successful debt settlement?What should I do if I can’t agree on a settlement amount?
Is there any way to expedite the debt settlement process?
Is it possible to settle a debt for less than the amount owed?
Can I negotiate a lower principal balance as part of a debt settlement?
What is the average debt settlement amount?
How long will it take to settle a debt?
How does a creditor determine if a debt should be settled?
Should I be wary of any companies offering “instant” debt settlement?
How much should I expect to pay for a debt settlement service?
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