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

Related FAQs

What is a lump-sum debt settlement and how does it work?
How does a creditor determine if a debt should be settled?
How do I protect my credit score during a debt settlement?
Do I need to hire a lawyer to negotiate a debt settlement?
Can I settle a debt if I’m unemployed?
What happens if I miss a payment on a debt settlement?
Are there any legal requirements to debt settlement?
Is debt settlement a better solution than bankruptcy?
Should I use a debt settlement company or negotiate directly with my creditors?
How do I stop debt collection calls during the settlement process?

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