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

Related FAQs

How do I stop debt collection calls during the settlement process?
How do I know if a debt settlement company is legitimate?
How do I make sure I receive a fair settlement from my creditors?
Can I negotiate debt settlement with multiple creditors at once?
What is the difference between debt settlement and debt consolidation?
Is it possible to settle a debt for less than the amount owed?
What is a lump-sum debt settlement and how does it work?
How can I make a debt settlement offer more attractive to creditors?
What are the risks of choosing to settle a debt?
Are there any programs offering debt settlement help?

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