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

Related FAQs

How do I know if debt settlement is right for me?
Is there a minimum debt amount to qualify for debt settlement?
How long will it take to settle a debt?
Are there any ways to avoid paying for a debt settlement service?
When is it best to pursue debt settlement?
What is the average time frame for debt settlement negotiations?
Should I be wary of any companies offering “instant” debt settlement?
How does debt settlement impact my credit score?
How will I know if a debt settlement offer is fair?
How quickly can I expect to see results from a debt settlement?

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