What are the potential consequences of a failed debt settlement?

Related FAQs

Is debt settlement a better solution than bankruptcy?
Do I have to pay taxes on debt settled through negotiations?
What should I look for in a good debt settlement company?
What if I can’t pay the full amount of a debt settlement?
How do I stop debt collection calls during the settlement process?
Are there any drawbacks to settling a debt?
Should I be wary of any companies offering “instant” debt settlement?
What is the average debt settlement amount?
Are there any discounts available for debt settlement?
What are the guidelines for debt settlement under law?

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