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

Related FAQs

How does debt settlement impact my credit score?
How much money can I save by settling a debt?
Is there a minimum debt amount to qualify for debt settlement?
How do I know if I have been approved for a debt settlement?
How do I stop debt collection calls during the settlement process?
Are there any programs offering debt settlement help?
What will happen to my credit score after a successful debt settlement?
How long will it take to settle a debt?
What is the difference between debt settlement and debt consolidation?
What is a “hardship program” and how can it help with debt settlement?

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