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

Related FAQs

Is there any way to expedite the debt settlement process?
What happens to the debt that’s been settled?
What if the creditor refuses to settle the debt?
What are the risks of choosing to settle a debt?
Are there any legal risks associated with debt settlement?
Are there any potential risks if I choose not to settle my debts?
What fees will I pay if I use a debt settlement company?
Can I negotiate a debt settlement without a debt settlement company?
What should I do if a creditor refuses to negotiate a debt settlement?
Can I negotiate a debt settlement over the phone?

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