What is a debt settlement plan and how does it work?

Related FAQs

What is a debt settlement plan and how does it work?
Are there any alternatives to debt settlement?
What is the average debt settlement amount?
What is an unsecured debt and how does it impact debt settlement?
Are there any drawbacks to settling a debt?
Is it possible to settle a debt for less than the amount owed?
What fees will I pay if I use a debt settlement company?
Can a debt settlement company guarantee a successful settlement?
Can I negotiate multiple debts at once during the settlement process?
Can I negotiate a lower principal balance as part of a debt settlement?

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