Are there any drawbacks to settling a debt?
Related FAQs
What is an unsecured debt and how does it impact debt settlement?What should I do if a creditor refuses to delete negative credit items as part of a debt settlement agreement?
Can I negotiate a lower principal balance as part of a debt settlement?
Is debt settlement reported to credit bureaus?
Is debt settlement a good way to reduce debt?
What is the difference between debt negotiation and debt settlement?
How do I make sure I receive a fair settlement from my creditors?
What is the process for appealing a denied debt settlement?
Do I have to pay taxes on debt settled through negotiations?
What is a debt settlement plan and how does it work?
Related Blog Posts
How To Negotiate a Debt Settlement Agreement - July 31, 2023When is the Best Time to Consider a Debt Settlement? - August 7, 2023
What Should You Know About Cost & Fees Before Signing a Debt Settlement Contract? - August 14, 2023
The Benefits of Hiring a Debt Settlement Lawyer - August 21, 2023
How to Avoid Unethical Debt Settlement Practices - August 28, 2023