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

Related FAQs

Is there a minimum debt amount to qualify for debt settlement?
How much money can I save by settling a debt?
What happens if I miss a payment on a debt settlement?
Are there any discounts available for debt settlement?
What is the process for appealing a denied debt settlement?
Is there a statute of limitations on debt settlement?
What if the creditor refuses to settle the debt?
How does a creditor determine if a debt should be settled?
How does debt settlement impact my credit score?
Does debt settlement hurt my chances of obtaining new credit?

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