What happens to the debt that’s been settled?

Related FAQs

Can creditors refuse to negotiate a debt settlement?
How do I know if a debt settlement company is legitimate?
Are there any legal risks associated with debt settlement?
What happens to the debt that’s been settled?
Can I settle a debt if I’m unemployed?
Should I be wary of any companies offering “instant” debt settlement?
Can I negotiate debt settlement with multiple creditors at once?
Can I negotiate a lower interest rate as part of a debt settlement?
How do I stop debt collection calls during the settlement process?
Can I negotiate a debt settlement over the phone?

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