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

Related FAQs

How does debt settlement impact my credit score?
How do I stop debt collection calls during the settlement process?
Are there any programs offering debt settlement help?
How will I know if the debt settlement negotiations are successful?
Can I negotiate a reduced settlement amount?
Are there any tax implications of debt settlement?
What is a “hardship program” and how can it help with debt settlement?
How do I know if debt settlement is right for me?
Can I be sued while in the process of settling a debt?
Is there a statute of limitations on debt settlement?

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