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

Related FAQs

Can I negotiate a reduced settlement amount?
How will I know if the debt settlement negotiations are successful?
Can I negotiate a debt settlement over the phone?
Is it possible to settle a debt for less than the amount owed?
Are there any alternatives to debt settlement?
Do I need to hire a lawyer to negotiate a debt settlement?
How can I monitor my progress during a debt settlement process?
Can I be sued while in the process of settling a debt?
What is the average debt settlement amount?
How much should I expect to pay for a debt settlement service?

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