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

Related FAQs

Is debt settlement a better solution than bankruptcy?
What should I do if a creditor refuses to negotiate a debt settlement?
Can I be sued while in the process of settling a debt?
Who should I contact to settle my debt?
How can I make a debt settlement offer more attractive to creditors?
How can I ensure I don’t fall behind on payments during the settlement process?
What if the creditor refuses to settle the debt?
How much money can I save by settling a debt?
What is debt settlement law?
What penalties or interest can creditors charge when settling debt?

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