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

Related FAQs

What happens if I can’t afford to settle the debt in full?
What is the average debt settlement amount?
Are there any drawbacks to settling a debt?
What is a debt settlement plan and how does it work?
How much should I expect to pay for a debt settlement service?
How long will it take to settle a debt?
What fees are associated with debt settlement?
What is the best way to document a debt settlement?
How does a creditor determine if a debt should be settled?
Are there any tax implications of debt settlement?

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