Is it possible to settle a debt for less than the amount owed?

Related FAQs

Can creditors refuse to negotiate a debt settlement?
What is an unsecured debt and how does it impact debt settlement?
Are there any ways to avoid paying for a debt settlement service?
How long does it take to complete a debt settlement?
Are there any tax implications of debt settlement?
Who should I contact to settle my debt?
Can I be sued while in the process of settling a debt?
What penalties or interest can creditors charge when settling debt?
How will I know if a debt settlement offer is fair?
Are there any risks associated with using a debt settlement firm?

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