Are there any drawbacks to settling a debt?

Related FAQs

What happens if I can’t afford to settle the debt in full?
Is debt settlement better than bankruptcy?
What is the difference between debt settlement and debt consolidation?
Can I negotiate a debt settlement over the phone?
How can I make a debt settlement offer more attractive to creditors?
What happens if a debt settlement is not completed on time?
What is a “hardship program” and how can it help with debt settlement?
Does debt settlement hurt my chances of obtaining new credit?
What is debt settlement law?
Are there any tax implications of debt settlement?

Related Blog Posts

How To Negotiate a Debt Settlement Agreement - July 31, 2023
When 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