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

Related FAQs

How do I report a debt settlement to the IRS?
What are the risks of choosing to settle a debt?
How do I know if I have been approved for a debt settlement?
Are there any potential risks if I choose not to settle my debts?
How long does it take to complete a debt settlement?
Are there any discounts available for debt settlement?
Can I settle a debt if I’m unemployed?
What happens if a debt settlement is not completed on time?
How does a creditor determine if a debt should be settled?
Are there any risks associated with using a debt settlement firm?

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