What are the potential consequences of a failed debt settlement?

Related FAQs

How do I know if I have been approved for a debt settlement?
What is the difference between debt settlement and debt consolidation?
Can I negotiate a lower interest rate as part of a debt settlement?
How do I report a debt settlement to the IRS?
Are there any risks associated with using a debt settlement firm?
What is a deemed satisfaction and how does that apply to debt settlement?
Are there any drawbacks to settling a debt?
How can I monitor my progress during a debt settlement process?
How quickly can I expect to see results from a debt settlement?
What should I look for in a good debt settlement company?

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