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

Related FAQs

What is the best way to document a debt settlement?
How will I know if the debt settlement negotiations are successful?
What are the guidelines for debt settlement under law?
Are there any legal requirements to debt settlement?
How can I make a debt settlement offer more attractive to creditors?
What if I can’t pay the full amount of a debt settlement?
How quickly can I expect to see results from a debt settlement?
Are there any potential risks if I choose not to settle my debts?
What will happen to my credit score after a successful debt settlement?
What are the potential consequences of a failed debt settlement?

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