What are the potential consequences of a failed debt settlement?

Related FAQs

Is debt settlement reported to credit bureaus?
What happens to the debt that’s been settled?
Can I negotiate debt settlement with multiple creditors at once?
Can I negotiate multiple debts at once during the settlement process?
Should I be wary of any companies offering “instant” debt settlement?
Can I negotiate more than one debt settlement at once?
How do I report a debt settlement to the IRS?
How do I know if debt settlement is right for me?
How can I ensure I don’t fall behind on payments during the settlement process?
How can I learn more about debt settlement laws in my state?

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