What is a deemed satisfaction and how does that apply to debt settlement?

Related FAQs

What if I can’t pay the full amount of a debt settlement?
What is a debt settlement plan and how does it work?
Should I be wary of any companies offering “instant” debt settlement?
Do I need to hire a lawyer to negotiate a debt settlement?
Can I negotiate a lower principal balance as part of a debt settlement?
How will I know if a debt settlement offer is fair?
Is debt settlement a good way to reduce debt?
Can I negotiate debt settlement with multiple creditors at once?
Are there any costs associated with a successful debt settlement?
Can I negotiate a reduced settlement amount?

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