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

Related FAQs

Can I negotiate multiple debts at once during the settlement process?
How do I know if a debt settlement company is legitimate?
Are there any alternatives to debt settlement?
What documents do I need to provide during a debt settlement process?
What happens if I miss a payment on a debt settlement?
What is a “hardship program” and how can it help with debt settlement?
Is there a statute of limitations on debt settlement?
Who should I contact to settle my debt?
What is the difference between debt settlement and debt consolidation?
When can I start making payments on my debt settlement?

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