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

Related FAQs

What are the potential consequences of a failed debt settlement?
What fees will I pay if I use a debt settlement company?
Do I have to pay taxes on debt settled through negotiations?
Is debt settlement reported to credit bureaus?
Can I negotiate a debt settlement over the phone?
Are there any ways to avoid paying for a debt settlement service?
Do I need to hire a lawyer to negotiate a debt settlement?
How will I know if a debt settlement offer is fair?
What is a “hardship program” and how can it help with debt settlement?
Are there any tax consequences to debt settlement?

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