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

Related FAQs

Can creditors refuse to negotiate a debt settlement?
How do I know if a debt settlement company is reputable?
How will I know if a debt settlement offer is fair?
What happens if I can’t afford to settle the debt in full?
What happens to the debt that’s been settled?
Are there any costs associated with a successful debt settlement?
What documents do I need to provide during a debt settlement process?
Can I negotiate more than one debt settlement at once?
What are my rights and options when it comes to settling debt?
What if the creditor refuses to settle the debt?

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