What happens to the debt that’s been settled?

Related FAQs

What if I can’t pay the full amount of a debt settlement?
Can I negotiate a debt settlement without a debt settlement company?
Do I have to pay taxes on debt settled through negotiations?
Is it possible to settle a debt for less than the amount owed?
How will I know if the debt settlement negotiations are successful?
Can I negotiate a lower interest rate as part of a debt settlement?
How do I protect my credit score during a debt settlement?
Are there any laws governing debt settlement?
Can a debt settlement company guarantee a successful settlement?
How do I find out the balance of my debt?

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