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

Related FAQs

Who should I contact to settle my debt?
Does debt settlement hurt my chances of obtaining new credit?
Are there any laws governing debt settlement?
What is the difference between debt settlement and debt consolidation?
What is the difference between debt settlement and debt management?
Is debt settlement better than bankruptcy?
What if the creditor refuses to settle the debt?
Is there a statute of limitations on debt settlement?
Is it possible to settle a debt for less than the amount owed?
What happens if I can’t afford to settle the debt in full?

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