What happens to the debt that’s been settled?

Related FAQs

Is debt settlement a better solution than bankruptcy?
Is debt settlement reported to credit bureaus?
What if the creditor refuses to settle the debt?
Are there any laws governing debt settlement?
How do I make sure I receive a fair settlement from my creditors?
Does debt settlement hurt my chances of obtaining new credit?
How can I make a debt settlement offer more attractive to creditors?
Is debt settlement better than bankruptcy?
Are there any costs associated with a successful debt settlement?
What if I can’t pay the full amount of a debt settlement?

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