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

Related FAQs

Are there any programs offering debt settlement help?
How can I learn more about debt settlement laws in my state?
What should I do if a creditor refuses to negotiate a debt settlement?
Are there any legal requirements to debt settlement?
How do I report a debt settlement to the IRS?
Can a creditor challenge a debt settlement?
Should I be wary of any companies offering “instant” debt settlement?
Is there a minimum debt amount to qualify for debt settlement?
Is there a statute of limitations on debt settlement?
Are there any tax implications of debt settlement?

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