What are the potential consequences of a failed debt settlement?

Related FAQs

What if I can’t pay the full amount of a debt settlement?
Should I use a debt settlement company or negotiate directly with my creditors?
Are there any discounts available for debt settlement?
What is an unsecured debt and how does it impact debt settlement?
How will I know if the debt settlement negotiations are successful?
What penalties or interest can creditors charge when settling debt?
What is the average debt settlement amount?
How can I ensure I don’t fall behind on payments during the settlement process?
Is debt settlement a good way to reduce debt?
Can I be sued while in the process of settling a debt?

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