What is an unsecured debt and how does it impact debt settlement?

Related FAQs

Are there any ways to avoid paying for a debt settlement service?
Are there any legal requirements to debt settlement?
Does debt settlement hurt my chances of obtaining new credit?
How much money can I save by settling a debt?
What happens to the debt that’s been settled?
Can a creditor challenge a debt settlement?
What are my rights and options when it comes to settling debt?
Are there any potential risks if I choose not to settle my debts?
What should I do if I can’t agree on a settlement amount?
Are there any drawbacks to settling a debt?

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