What happens to the debt that’s been settled?

Related FAQs

How do I know if debt settlement is right for me?
What is the best way to document a debt settlement?
Can I negotiate multiple debts at once during the settlement process?
How does a creditor determine if a debt should be settled?
What is a “hardship program” and how can it help with debt settlement?
How do I know if I have been approved for a debt settlement?
What happens to the debt that’s been settled?
Who should I contact to settle my debt?
What if I can’t pay the full amount of a debt settlement?
Can creditors refuse to negotiate a debt settlement?

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