What happens to the debt that’s been settled?

Related FAQs

What should I do if a creditor refuses to negotiate a debt settlement?
How much should I expect to pay for a debt settlement service?
Is there any way to expedite the debt settlement process?
Can I negotiate a debt settlement over the phone?
How can I make a debt settlement offer more attractive to creditors?
What fees are associated with debt settlement?
Who should I contact to settle my debt?
Can I negotiate debt settlement with multiple creditors at once?
What is an unsecured debt and how does it impact debt settlement?
Does debt settlement hurt my chances of obtaining new credit?

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