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

Related FAQs

Can I negotiate a debt settlement without a debt settlement company?
How can I ensure I don’t fall behind on payments during the settlement process?
Should I use a debt settlement company or negotiate directly with my creditors?
What should I look for in a good debt settlement company?
Are there any tax consequences to debt settlement?
Is it possible to settle a debt for less than the amount owed?
Are there any laws governing debt settlement?
What should I do if a creditor refuses to delete negative credit items as part of a debt settlement agreement?
Can a debt settlement company guarantee a successful settlement?
Can I negotiate a reduced settlement amount?

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