Should I be wary of any companies offering “instant” debt settlement?

Related FAQs

How does a creditor determine if a debt should be settled?
How long will it take to settle a debt?
Is debt settlement a better solution than bankruptcy?
How do I know if a debt settlement company is reputable?
Does debt settlement hurt my chances of obtaining new credit?
Is there a statute of limitations on debt settlement?
How can I monitor my progress during a debt settlement process?
What is the difference between debt settlement and debt consolidation?
What happens to the debt that’s been settled?
Are there any costs associated with a successful debt settlement?

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