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

Related FAQs

Should I use a debt settlement company or negotiate directly with my creditors?
What happens if I can’t afford to settle the debt in full?
What are the guidelines for debt settlement under law?
What should I do if I can’t agree on a settlement amount?
How do I know if a debt settlement company is reputable?
Is debt settlement reported to credit bureaus?
Are there any legal requirements to debt settlement?
Can I be sued while in the process of settling a debt?
What fees are associated with debt settlement?
What is the difference between debt settlement and debt consolidation?

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