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

Related FAQs

Are there any discounts available for debt settlement?
Are there any potential risks if I choose not to settle my debts?
What is the process for appealing a denied debt settlement?
What documents do I need to provide during a debt settlement process?
Are there any legal requirements to debt settlement?
What is the best way to document a debt settlement?
Does debt settlement hurt my chances of obtaining new credit?
What should I do if I can’t agree on a settlement amount?
Are there any services that can help me with a debt settlement?
Can a creditor challenge a debt settlement?

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