What happens to the debt that’s been settled?

Related FAQs

Is debt settlement a better solution than bankruptcy?
Is it possible to settle a debt for less than the amount owed?
Can creditors refuse to negotiate a debt settlement?
How do I stop debt collection calls during the settlement process?
Is debt settlement better than bankruptcy?
What penalties or interest can creditors charge when settling debt?
What happens if I miss a payment on a debt settlement?
What is the average debt settlement amount?
When can I start making payments on my debt settlement?
How can I make a debt settlement offer more attractive to creditors?

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