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

Related FAQs

How do I stop debt collection calls during the settlement process?
How will I know if a debt settlement offer is fair?
Can I negotiate multiple debts at once during the settlement process?
Can a creditor challenge a debt settlement?
Can a debt settlement company guarantee a successful settlement?
How long will it take to settle a debt?
Do I have to pay taxes on debt settled through negotiations?
What penalties or interest can creditors charge when settling debt?
Can I negotiate a lower principal balance as part of a debt settlement?
Is it possible to settle a debt for less than the amount owed?

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