What are the potential consequences of a failed debt settlement?
Related FAQs
How does debt settlement impact my credit score?What is the best way to negotiate a debt settlement?
Can a creditor challenge a debt settlement?
Is debt settlement reported to credit bureaus?
What if I can’t pay the full amount of a debt settlement?
Can I negotiate a lower principal balance as part of a debt settlement?
What penalties or interest can creditors charge when settling debt?
What is a “hardship program” and how can it help with debt settlement?
How can I learn more about debt settlement laws in my state?
What if the creditor refuses to settle the debt?
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