What are the potential consequences of a failed debt settlement?

Related FAQs

Are there any services that can help me with a debt settlement?
Do I have to pay taxes on debt settled through negotiations?
Are there any legal requirements to debt settlement?
What is the average debt settlement amount?
What is the process for appealing a denied debt settlement?
How long will it take to settle a debt?
Should I use a debt settlement company or negotiate directly with my creditors?
Are there any drawbacks to settling a debt?
Do I need to hire a lawyer to negotiate a debt settlement?
What should I do if I can’t agree on a settlement amount?

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