What happens to the debt that’s been settled?

Related FAQs

Is there any way to expedite the debt settlement process?
Is debt settlement reported to credit bureaus?
Can I be sued while in the process of settling a debt?
Do I have to pay taxes on debt settled through negotiations?
Is there a statute of limitations on debt settlement?
Is there a minimum debt amount to qualify for debt settlement?
Should I use a debt settlement company or negotiate directly with my creditors?
Are there any programs offering debt settlement help?
Do I need to hire a lawyer to negotiate a debt settlement?
Are there any laws governing debt settlement?

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