What happens to the debt that’s been settled?

Related FAQs

Are there any drawbacks to settling a debt?
How quickly can I expect to see results from a debt settlement?
What is the best way to negotiate a debt settlement?
What are the risks of choosing to settle a debt?
Can a creditor challenge a debt settlement?
How does debt settlement impact my credit score?
How can I ensure I don’t fall behind on payments during the settlement process?
How much should I expect to pay for a debt settlement service?
Is debt settlement reported to credit bureaus?
Does debt settlement hurt my chances of obtaining new credit?

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