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

Related FAQs

Is debt settlement a good way to reduce debt?
Can I negotiate more than one debt settlement at once?
What is the average debt settlement amount?
How quickly can I expect to see results from a debt settlement?
What happens if I miss a payment on a debt settlement?
Is there any way to expedite the debt settlement process?
When is it best to pursue debt settlement?
How will I know if the debt settlement negotiations are successful?
What should I do if a creditor refuses to delete negative credit items as part of a debt settlement agreement?
What is a lump-sum debt settlement and how does it work?

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